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When was the policy of reducing fees and making profits introduced?
2021September 30th. China Payment and Clearing Association and China Banking Association jointly issued a related initiative on reducing the payment fees of small and micro enterprises and individual industrial and commercial households, and the policy of reducing fees and making profits was formally implemented on September 30, 20021. On the basis of fulfilling the requirements of supervision and industry associations, we will actively expand the scope and intensity of relief and effectively benefit customers.
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