The Zhongguancun district got a visit from a China Securities Regulatory Commission (CSRC) official, Li Xiaohong, recently, who was there for a symposium for representatives of companies in the science park. Li was accompanied by CSRC research center officials, as well as fund supervisors, administrators, and IT service center personnel.

They also visited the Zhongguancun Software Park's Cloud Base and met with representatives of seven Zhongguancun companies, including the online retailer Jingdong, the Lakala E-billing Technology & Service Co, and Poten Enviro.

The vice-head of the Beijing Finance Bureau, Zhu Yuanguang, talked about the latest developments and future work schedule for the construction of the Beijing Stock Exchange. While Guo Hong, head of the Zhonguancun Administration, spoke about the importance of CSRC support in building a national technological and financial innovation center in Zhongguancun. In response, Chen Gang, a member of the Beijing municipal Party committee, said that Zhonguancun will be given top priority in finance and capital for its development and he thanked the CSRS for its support for Zhongguancun and said he expected more help from the CSRC.

Li went on to say that one purpose of the Zhongguancun visit was to examine capital market and technological and financial innovation policies and that he hopes Zhongguancun will become the CSRC's research center and a base for new listed companies and their pilot programs and help advance the technological and financial innovation center.

Edited by Zhao Qian and Roger Bradshaw