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Is Tangshan Kaiping Huijin Village Bank Co., Ltd. a state-owned enterprise?
No, village banks do not belong to state-owned enterprises or private enterprises. Village banks refer to financial institutions established in rural areas with the approval of China Banking Regulatory Commission and funded by domestic and foreign financial institutions, domestic non-financial institutions, corporate legal persons and natural persons. Provide financial services for local farmers, agriculture and rural economic development. At present, it refers to a little policy bank. The establishment of rural banks has effectively filled the gap in financial services in rural areas and increased financial support for rural areas.
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