2014年CRI MA60停飞检查 温州推首部民间借贷法规（在线收听）

China's aviation watchdog has announced mandatory inspections for all Chinese-made MA-60 aircraft.

The announcement made Friday follows two incidents involving the plane's landing signal system.

Local authorities in the eastern Chinese city of Wenzhou are set to legalize private lending this weekend.

It will be the first such move on the Chinese mainland.

Under the new regulations, companies are allowed to borrow money through private financial institutions.

The move is part of the Chinese government's efforts to liberalize the country's financial sector.

A liquidity crunch in underground lending caused a credit crisis in Wenzhou back in 2011.