Chinese Vice Premier Emphasizes High-Quality Development of Listed Companies

Beijing, The Gulf Observer: Chinese Vice Premier He Lifeng highlighted the importance of promoting the high-quality development of listed companies to boost market confidence, stabilize the capital market, and advance high-quality economic development. Speaking at a video conference on listed companies in Beijing, Vice Premier He, who is also a member of the Political Bureau of the Communist Party of China Central Committee, emphasized the need to address specific challenges and difficulties faced by listed companies while providing increased support to quality firms.

The vice premier underscored that the high-quality development of listed companies contributes to enhancing self-reliance and strength in science and technology. It plays a pivotal role in accelerating the establishment of a modern industrial system and reinforcing market confidence. He Lifeng called for efforts to improve the performance of listed enterprises, restore investment confidence, enhance corporate structure and governance, and cultivate top-notch listed companies continually.

In the real estate sector, Vice Premier He stressed the establishment of a financing coordination mechanism for urban housing projects. He called for the promotion of specific financing projects to support the sector’s development and contribute to the overall economic growth.

The measures outlined by the vice premier aim to strengthen listed companies, encourage innovation, and create a conducive environment for sustainable economic development. The Chinese government continues to emphasize the importance of fostering a robust and stable capital market to support the nation’s economic goals.