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ChiNext to deepen reform to boost mass entrepreneurship, innovation

Updated: Jun 18,2017 8:02 AM     Xinhua

BEIJING — 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 General Manager Wang Jianjun made the remarks on June 17 at a venture capital and private equity forum held in Guangzhou, South 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, has 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.

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