The regulator has shortened the IPO approval period for companies in four areas: biochemistry, cloud computing, artificial intelligence and advanced manufacturing, said Tencent Finance, the business media outlet affiliated with technology company Tencent Holdings Ltd, in a report on Wednesday, citing people with the knowledge of the matter.
The registration-based system featuring five different sets of standards for listing has made the STAR market more inclusive, said Pan Xiangdong, an economist with brokerage firm New Times Securities.
The regulatory commission said it learned from the best international practices how to formulate the plan and will accelerate high-standard capital market opening-up to further advance reforms.
The report said that as of the end of last year, China had 102 publicly-listed internet companies both at home and abroad with a total market capitalization of over 8.97 trillion yuan (.42 trillion).
The report predicted that infrastructure development can be uneven across several regions this year. Southeast Asia will maintain strong momentum in infrastructure development and ranks first among seven regions for the third consecutive year.
The remarks came after China and ASEAN agreed to strengthen economic ties in the digital economy during the 22nd ASEAN-China Summit held in Bangkok in November.
青岛搜索引擎优化排名
The region where Amazon established its first headquarters just unveiled a pitch to host its second headquarters, as well.
The report noted that with the Chinese economy undergoing transition, the imbalance between industries, enterprises as well as urban and rural development is overshadowing the country's medium- to long-term economic transformation and development.
The relationship between China and the world is changing in ways large and small, triggered by factors ranging from the rebalancing of China's economy toward services and domestic consumption to rising trade tensions and ASEAN's emergence as an attractive sourcing destination.
The regulations, said to be the first of their kind in China, prohibit adults from beating or scolding child models.