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Probing into major issues in the development of domestic L/C in China: Based on Bank of China's practice in the past 10 years

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Based on Bank of China's practice and experience of domestic L/C settlement in the past 10 years, this paper firstly focuses on the status-quo and prospects of the development of domestic L/C in China, probing into existing factors that have restricted its expansion and predicting better prospects for its development. Then, it proposes five major measures that can help advance the further development of domestic L/C settlement in China and meanwhile highlights bank's major tasks in risk-control in the process.

Abstract

Ⅰ. The Development of Domestic L/C in China

Ⅱ. Prospects of Domestic L/C in China

Ⅲ. Measures to Advance the Development of Domestic L/C in China

Ⅳ. Risk Control in the Development of Domestic L/C

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