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Manage   Chinese bank cards accepted by 24 countries and regions Investment quotas for QFIIs expected to be increased China's courts see rise in IPR violation cases after WTO entry China announces 20 pct cut in airline fuel surcharge China's steelmaker Baosteel announces resignation of chairwoman Warner vows to compete pirated DVDs in China carve out   China to revamp statistical methods to assess economic health Official report estimates oil price to stay high in 2007 Electric appliances chain Gome says founder cleared in probe PetroChina oil, gas sales soar to record in 2006 Shares rebound 4.7%, fueled by buying of financial, transport stocks Tibet's fixed-assets investment tops 20 biln yuan Industry   China projects slower growth in foreign trade China becomes world's largest stainless steel producer Chinese apathetic about environmental protection Seven banks keen to set up subsidiaries in rural areas China considering US$2 billion aid to airlines State Grid posts 87% surge in net profits in 2006

China to commercialize policy banks BEIJING, Jan. 20 (Xinhua) -- The China Development Bank, one of China's three policy banks will take the lead in commencing commercial operations, Xinhua learned from the Third National Financial Work Conference closed on Saturday. The is the first time that China officially announced the reform of policy banks, which also include the Export and Import Bank of China and the Agricultural Development Bank of China.

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