Business
16:37, 18-Jun-2017
China's NASDAQ equivalent to help encourage mass entrepreneurship, innovation
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ChiNext, China's NASDAQ-style board of the Shenzhen Stock Exchange (SZSE), will strengthen its support to high-tech industries to meet the need of mass entrepreneurship and innovation drive, SZSE's chief said on Saturday.
SZSE General Manager Wang Jianjun made the remarks Saturday at a venture capital and private equity forum held in Guangzhou, southern China's Guangdong Province.
The ChiNext should promote its inclusiveness and actively adapt to the country's industrial upgrading, Wang said.
Measures shall be taken to channel more venture capital into high-tech and innovative companies, he said.
The State Council, China's cabinet, decided in May to start a new round of nationwide inspection over reform progress to ensure that tasks for this year's economic and social work is achieved on schedule.
Promotion of mass entrepreneurship and innovation is one of the inspection tasks.
(Source: Xinhua)
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