Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Credit
Industry

China issues guidelines to support public listing of qualified service businesses

October 25, 2019


Abstract : Chinese regulators will support financing via public listings by qualified service companies with advanced technologies, according to a a recently issued guideline.

BEIJING, Oct. 25 (Xinhua) – Chinese regulators will support financing via public listings by qualified service companies with advanced technologies, according to a a recently issued guideline.

The National Development and Reform Commission (NDRC) and State Administration for Market Regulation earmarked in their jointly-issued document ten key tasks to promote high-quality development of services sector.

Regarding financing supports for small- and medium-sized enterprises (SME) in service sector, the Chinese regulators also proposed in the guideline to introduce more venture capital (VC) into service-field SMEs.

By 2025, China's service sector is expected to realize continuous growth in added value, stable rise of the proportion in gross domestic product (GDP), and larger employment.

Profound integration between modern services sector and advanced manufacturing sector is also planned together with further improvement in sector environment and opening up.

A batch of key generic technology platforms are expected to be crafted and the new generation of IT such as artificial intelligence, cloud computing, and big data will be promoted to be applied in service sector in a deeper sense.

New business forms including smart logistics, services outsourcing, combination of hospitals and old care institutions, e-health, and distance education will be encouraged, and orderly development of such new modes as platform economy, co-share economy, and experience economy will be guided. (Edited by Duan Jing, duanjing@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: China listing service businesses

Reading:

Tungsten prices in China show sign of recovery, benefiting producers in coming months

Program of 10 billion baht approved to help Thai SMEs

Lingang new area of Shanghai FTZ releases new policies for industrial dev.

Multiple regions in China accelerate opening up financial sector

CEIS releases Huzhou "Ecology + Electricity" Development Index Report

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial