A third stock market will be set up in Beijing to help small and medium-sized companies raise capital, Chinese leader Xi Jinping announced on Sept. 2.
“We will continue to support the innovation and development of small and medium-sized enterprises, deepen the reform of the New Third Board, set up a Beijing Stock Exchange to build a primary platform serving innovation-oriented small and medium-sized enterprises,” Xi said in a video speech during an international fair for trade in services held in Beijing.
