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Chinese Embassy, Sept 18, 2019
China's top securities regulator on Friday removed the profitability requirement for two consecutive years for companies that seek to float shares on the startup ChiNext board on the Shenzhen Stock Exchange. The China Securities Regulatory Commission said at a news conference in Beijing it is revising refinancing rules for listed companies and is soliciting public opinion on the draft revision.The goal is to further simplify procedures for listed companies to raise funds, improve the arrangement for private placement and support companies to introduce strategic investors, according to Chang Depeng, a CSRC spokesman.

China's success came on the back of its huge (72 gigawatt-hours) domestic battery demand, control of 80 percent of refining of the world's raw materials, 77 percent of the world's cell capacity and 60 percent of the world's component manufacturing.
China's producer price index (PPI), which measures the cost of goods at the factory gate, rose 4.1 percent year-on-year in May, the NBS said.
China's strategic goal is to develop itself rather than to challenge anyone else, Cui said, in an apparent response to recent rhetoric by the Trump administration that claims China is a kind of "revisionist country" trying to challenge international rules.
来源:资阳报