www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / National affairs

Regional equity rules enhanced

By Zhang Yue and Hu Yongqi | China Daily | Updated: 2017-01-12 07:23

Market's key role emphasized, investor requirements clarified

China is enhancing regulations for the regional equity market to boost its role in diversifying financing channels for the country's small, medium - and micro-sized businesses and to encourage private investment.

Updated regulations were approved on Wednesday by a State Council executive meeting presided over by Premier Li Keqiang.

The new regulations make clear the need for the regional equity market as a financing channel for local small businesses, and they provide more specific requirements for market operators and investors.

"A well-regulated regional equity market is fundamental to nurturing a multilayer capital market. It will also contribute significantly in supporting small, medium - and micro-sized businesses and deleveraging efforts," Li said.

The regional equity market offers financing flexibility for small businesses and technological innovation. While such enterprises tend to be financially vulnerable and carry greater risks, they are expected to play an important role in driving economic transition and boosting social investment by introducing new business models and industries.

Regional equity rules enhanced

By November, 40 regional equity markets had been set up across the country, with more than 15,900 companies.

The market also faces such challenges as a lack of well-defined legal status, undeveloped management and underdeveloped market functions. A better-regulated regional equity market is a pressing item on the reform agenda.

Under the new regulations, regional equity markets will mainly provide financing services for small, medium - and micro-sized businesses only within the provincial-level boundaries of a single administrative division. A deadline for doing so will be set for those currently operating in more than one such division. Local governments will be primarily responsible for managing and regulating local equity markets.

The regulations also stipulate that each regional market will be allowed to have only one operating agency, and those that now have multiple agencies will be required to consolidate them.

Requirements for investors will also be clarified. Only legal entities that meet the requirements, partnership businesses and individuals with sound financial backgrounds can join the market.

Additionally, stricter oversight is required. Local authorities and related central departments must work together in supervising the market.

Provincial-level governments will be responsible for market oversight and risk disposal, while the China Securities Regulatory Commission will be in charge of more specific regulations on issuing equities. Emphasis is placed on oversight, coordination and services to protect investors and maintain sound market order.

Meanwhile, central departments and local governments must continue to improve the measures to build a better environment and boost confidence, Li said.

Guo Tianyong, a finance researcher at Central University of Finance and Economics, said operational transparency should be improved for businesses in this market and a threshold set for institutional and individual investors. "Risks will be reduced when these are done."

Contact the writers at zhangyue@chinadaily.com.cn and huyongqi@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 一区二区免费看 | 黄网站色成年小说系列 | 特及毛片 | 国产大尺度福利视频在线观看 | 美女视频黄的免费视频网页 | 26uuu天天夜夜综合 | 久久伊人热| 91男女视频 | 中文国产成人精品久久久 | 日本一区二区三区在线 视频 | 亚洲视频在线观看网址 | 一级毛片私人影院免费 | 国产精品永久在线 | 国产乱色在线观看 | 免费欧洲毛片a级视频无风险 | 亚州一级毛片在线 | 国产自一区 | 久久久久亚洲精品影视 | 91精品国 | 97国产成人精品免费视频 | 免费国产成人α片 | 中文字幕有码在线视频 | 国产美女一区二区 | 一级美国乱色毛片 | 欧美国产一区二区 | 中文字幕有码在线视频 | 国产成人综合久久精品亚洲 | 亚洲国产三级在线观看 | 日韩专区亚洲综合久久 | 99精品这里只有精品高清视频 | 黄色wwwwww| 亚洲综合区 | 精品精品国产自在久久高清 | 精品一区二区影院在线 | 亚洲综合视频网 | 欧美一级人与动毛片免费播放 | 精品伊人久久久久7777人 | 最新国产精品亚洲二区 | 成人免费网站久久久 | 欧美另类69xxxxx极品 | 激情欧美日韩一区二区 |