China inaugurated its science and technology innovation board (STIB) on Thursday in Shanghai, kicking off the country’s much-anticipated capital market reform this year.
The new market will support tech companies that are in line with the national strategies, make breakthroughs in core technologies and are well accepted by the market to grow stronger, Yi Huiman, chairman of the China Securities Regulatory Commission (CSRC), said at the launching ceremony of the STIB at the Lujiazui Forum in Shanghai. Xinhua/Fang Zhe
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