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Shanghai plans insurance bourse

By Gao Changxin | China Daily | Updated: 2011-02-18 08:13

The move highlights city's drive to become a global financial center

SHANGHAI - Shanghai has applied for central government approval of its plans to build an insurance exchange, according to one of the people responsible .

The move marks another step in the eastern financial hub's drive to become an international financial center by 2020.

Shanghai plans insurance bourse

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