China News Service, Beijing, September 2 (Reporter Xia Bin) Chinese President Xi Jinping emphasized in his video speech at the 2021 China International Service Trade Fair Global Service Trade Summit that China will continue to support the innovation and development of small and medium-sized enterprises. Reform of the New Third Board, the establishment of the Beijing Stock Exchange, to create a main position for innovative small and medium-sized enterprises.

  The person in charge of the China Securities Regulatory Commission told reporters that evening that deepening the reform of the New Third Board and establishing the Beijing Stock Exchange is an important measure to implement the national innovation-driven development strategy and to continuously cultivate new drivers of development. The important content of the hierarchical capital market system is of great significance for better exerting the function of the capital market, promoting the integration of technology and capital, and supporting the innovation and development of small and medium-sized enterprises.

  "This is a new major strategic deployment to better serve the capital market to build a new development pattern and promote high-quality development. It points out the direction and provides follow- ." The person in charge said.

  The person in charge stated that the China Securities Regulatory Commission will adhere to the direction of marketization and rule of law, coordinate the development of multi-level capital markets, promote and improve the entire chain system of capital market services for the innovation and development of small and medium-sized enterprises, and strive to create effective services that are in line with China's national conditions and effective services. A professional development platform for the capital market of new small and medium-sized enterprises, and strive to build a standardized, transparent, open, dynamic and resilient capital market to better serve the high-quality development of the real economy.

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