Shenzhen's 15th Five-Year Plan: Backing SZSE to Become Top-Tier Global Exchange, Advancing ChiNext Reforms

Deep News12:31

The "Outline of Shenzhen's 15th Five-Year Plan for National Economic and Social Development" has been released. It proposes supporting the Shenzhen Stock Exchange in building itself into a world-class exchange and deepening the reform of the ChiNext board. The plan calls for improving the "green channel" mechanism for the review of bond financing for technological innovation, optimizing the market-making system for technology innovation bonds, and promoting the rapid growth of the outstanding scale of technology innovation bonds and private enterprise bonds. It supports the Qianhai Equity Exchange in building a high-level enterprise listing cultivation base, promoting the inclusion of innovative and "specialized, refined, and innovative" SMEs into specialized board cultivation, and smoothing the "green channel" mechanism for transferring listings from the Qianhai Equity Exchange to the National Equities Exchange and Quotations (NEEQ). Support will also be given to the Qianhai United Trading Center to enhance its spot and futures linkage business. By 2030, the plan aims for the number of enterprises on the "specialized, refined, and innovative" specialized board of the Qianhai Equity Exchange to reach 5,000.

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