Commission down from 3.5% to 2% from August
The State Development and Planning Commission announced that effective from August 1, the government will relinquish price control over the majority of goods and services originally set by the central government while the dealing charges, stock exchange membership fee and other commission will be still under the government control. Experts revealed that the relevant sectors under the State Council would reduce the trading commission from current 3.5% to 2%, considering the high cost in the securities trading.
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