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During the first half, China's IPO market experienced a slump as uncertain global economic prospects and the eurozone debt crisis dented investor confidence.
Auckland Chamber of Commerce chief executive Michael Barnett, who organized the business summit, said China offers huge opportunities for New Zealand businesses, but too few are taking the plunge and entering the market.
The process of speeding up the sector's development should be oriented toward providing greater convenience and boosting public consumption, as well as ensuring the quality of products and improving efficiency in the sector, according to a statement released after an executive meeting of the State Council presided over by Premier Wen Jiabao.
The two bourses are estimated to see 200 to 250 IPOs in 2012 as the IPO market in the second half is expected to recover from a slump in the first half, it said in a research report.
Each impoverished rural household will be given a subsidy of 7,500 yuan on average, while 130,000 poverty-stricken rural households located in the border areas will be granted another 2,500 yuan in subsidies each, the statement said.
来源：资阳报