China's top economic planner says room for banks to cut fees

China's top economic planner says room for banks to cut fees

ALY SONG

Firms find it difficult to secure loans, while their cost of borrowing is persistently high, amid pressure from an economic downturn, the National Development and Reform Commission (NDRC) said in a statement on its website.

(Reporting by China Economics Team; Editing by Clarence Fernandez)

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