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An attendee walks past the Agricultural Bank of China stand during an exhibition in Shenzhen, South China's Guangdong province, on Nov 5, 2017. [Photo/IC]

An escrow is a contractual arrangement in which a third party receives and disburses money or documents for the primary transacting parties. Treasury centers, on the other hand, centralize and concentrate cash and risk management, as well as talent, and resources to gain economies of scale, process efficiencies, and tighter control.

An increasing number of Chinese companies are paying closer attention to post-M&A operational risks, to mitigate legal risks and to protect their investments, Jia said.

An employee stacks copper pipes at a factory in Diankou, Zhejiang province. The local government launched a series of measures to boost work resumption from February this year. [Photo/Xinhua]

An equity-based crowdfunding pilot will be studied, to mainly support small-sized enterprises, also as a way to further develop a multi-tiered capital market, according to Jiang, who is also a member of the 13th National Committee of the Chinese People's Political Consultative Conference.