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China will expand the number of comprehensive bonded zones (CBZs) to 150 by the end of this year, especially in its central and western regions, to further stabilize foreign trade and investment, a top Customs official said on Wednesday.
China's Panda bond market has seen significant growth as the country opens up its onshore bond market.
China's CAGR (compound annual growth rate) of venture investment in innovation has been up to 41 percent since 2012. Unlike in the US, where financing in innovative industry mainly relies on venture capital, multiple Chinese technology enterprises make a great deal of investment in internet and AI with their own funds. This establishes a relatively loose financing environment for the development of domestic innovative industry.
China will not change its production and operational goals and reform tasks set at the beginning of the year for its centrally administered State-owned enterprises, despite the temporary impact of the epidemic of novel coronavirus pneumonia, senior State assets regulators said on Tuesday.
China's Nasdaq-style STAR Market in Shanghai needs to enact more reforms to become the top listing destination for tech firms and be a key participant in the country's capital market reforms, participants at the two sessions said on Wednesday.
来源：资阳报