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Policy

China to further improve quality of listed companies

September 24, 2020


Abstract : China is working to further improve the quality of listed companies to protect investors' rights and interests, according to a statement issued after a State Council executive meeting chaired by Premier Li Keqiang on Wednesday.

BEIJING, Sept. 23 (Xinhua) -- China is working to further improve the quality of listed companies to protect investors' rights and interests, according to a statement issued after a State Council executive meeting chaired by Premier Li Keqiang on Wednesday.

The move will promote the stable and healthy development of its capital market and support the real economy, the statement said.

Efforts will be made to perfect the corporate governance system and regulations, enable listed companies to be better and stronger, and enhance oversight through joint efforts from various departments, it said.

China will also ramp up the construction of fitness venues easily accessible to the people, such as sports parks and fitness trails, which can enhance people's physical fitness, promote the development of the health industry and spur consumption, according to the statement.

The meeting also adopted a draft revision to the maritime traffic safety law to be submitted to the Standing Committee of the National People's Congress, the top legislature, for deliberation. Enditem

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