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World / Asia

Xi says China to set up stock exchange in Beijing

Published: 02 Sep 2021 - 03:15 pm | Last Updated: 04 Nov 2021 - 10:05 am
Peninsula

Reuters

BEIJING: China's President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized companies.

"We will continue to support the innovation-driven development of small and medium-sized enterprises by ... setting up the Beijing Stock Exchange as the primary platform serving innovation-oriented SMEs," Xi said in a video address at the opening of the China

International Fair for Trade in Services. (Reporting by Beijing Newsroom; writing by Tom Daly Editing by Raissa Kasolowsky)