Aiming to further strengthen strategic cooperation with local governments and promote high-quality development of regional real economy, SZSE signed a strategic cooperation framework agreement with Xi’an Municipal People’s Government during the dialogue on October 15 to 18, and rolled out a series of training and educational campaigns. With joint efforts, the SZSE (Shaanxi) Capital Market Service Base and China Western Region-Based Enterprise Roadshow Service Center was officially launched.

During the dialogue, SZSE and Xi’an exchanged in-depth views on doing full justice to the strengths of capital market in serving the real economy. Both sides committed to, by tapping into the good results of previous cooperation, expanding the scope of cooperation, cultivating resources for listing, issuing bonds and asset securitization products, deepening cooperation among listed company regulators, developing regional equity markets, and building up the service capability of intermediary agencies. By providing targeted local services covering the whole industrial chain and a full variety of products, the Base will help foster high-quality drivers of growth and build Xi’an into a “city of hard and core technology”.

Co-founded by SZSE and Shaanxi, the Capital Market Service Base is launched to implement the strategic cooperation plans reached in the previous stage and support Shaanxi in its attempts to catch up and surpass the advanced economies and pursue high-quality development. Located in Shaanxi, the Base is expected to drive the growth of the northwestern region in China, serving as a platform designed to carry out regular roadshows for financing projects, cultivate back-up projects, promote ecological advancement over regional capital markets, and put in place specialized services of SZSE. Officials from Shaanxi Provincial People’s Government, Shaanxi financial regulatory bureau, Shaanxi securities regulation bureau, Xi’an Hi-tech Industries Development Zone and SZSE participated in the launching ceremony of the Base.

In recent years, SZSE has focused on the fundamental task of serving the real economy with financial services, acted on the requirements of holding the market, the law, the risk and professionalism in awe, and creating a strong synergy of the whole society, continued to deepen cooperation with local governments, and tailor made plans based on local industrial features and financial development status, so as to make its services more coherent to local conditions. Going forward, SZSE will remain committed to the new development philosophy in all respects, act on national development strategies, and give full play to the strength of multi-tiered market, diversified products, and multi-functional service system. We will give strong support to local governments as we endeavor to promote supply-side structural reform by taking advantage of the capital market, and actively advance the upgrading and transformation of regional economy towards high-quality development.