Commission Vice Chairman Li Chao encourage mergers and acquisitions for project management tom365.com

Commission Vice Chairman Li Chao encourage mergers and acquisitions for project management tom365.com

Commission Vice Chairman Li Chao: encourage double oriented projects mergers and acquisitions Phoenix Financial News reported on October 14th, commission vice chairman Li Chao made a speech at the fourth session of Chinese venture capital industry summit recently said, encouraging innovation and entrepreneurship projects for mergers and acquisitions, promote industry integration, transformation and upgrading. Actively support qualified innovation and entrepreneurship projects through mergers and acquisitions bigger and stronger, to encourage traditional enterprises for new technologies, new products for the extension of mergers and acquisitions. Li Chao said that the implementation of innovation driven development strategy is a systematic change, but also an important breakthrough in our country to change the way of development, foster new sources of growth, significant, arduous task. The Commission will be deployed in accordance with the strategic decision of the Party Central Committee and the State Council, driving the development and public entrepreneurship, innovation as the theme of the times to strengthen innovation, according to the law, strict and comprehensive supervision, to promote product innovation, business innovation and service innovation, enrich and perfect the market function system. First, we will continue to improve the basic system of the capital market, facilitate the formation, accumulation and circulation of capital, effectively enhance the inclusiveness of market services and improve the efficiency of service innovation and entrepreneurship. The two is to accelerate the construction of multi-level capital market, to further expand the exchange market, accelerate the improvement of the new three board market, broaden the coverage of service innovation enterprises, smooth venture capital exit channel. Three is to accelerate the capital market system innovation, and further improve the equity incentive of listed companies, investors and other mechanisms of return, increase the bond market variety innovation, optimize the soft environment to support innovation and entrepreneurship. Vice Premier Zhang Gaoli, distinguished leaders, distinguished guests, ladies and gentlemen, good afternoon! Very pleased to participate in the fourth China venture capital industry summit. On behalf of the China Securities Regulatory Commission, I would like to extend my warm congratulations on the convening of the general assembly. To promote public entrepreneurship, innovation driven development strategy is an important measure to implement the Party Central Committee and the State Council innovation, is to adapt to the new economic norm, foster the development of the inevitable choice of new energy. Practical experience at home and abroad shows that the smooth development of innovation and entrepreneurship activities, always with the catalytic role of capital. Especially with the deepening of the information technology revolution, the close integration of technology and capital, making the pace of innovation and entrepreneurship activities faster than ever, involving a wider field. In recent years, the role of venture capital institutions in innovation and entrepreneurship has become increasingly prominent, and the role of the direct financing system, which is represented by multi-level capital market, has become more and more obvious. First of all, through the capital market, the fittest mechanism to guide the flow of funds into the real competitive advantage of innovative enterprises. Employee stock ownership, equity incentive and other institutional innovation, for the transformation of the value of human capital, attract and stabilize the outstanding talent, and encourage entrepreneurs to play an important role in management and innovation. Secondly, the development of venture investment funds risk investment, promote direct financing sooner, effectively adapt to the characteristics of technology innovation activities of high risk and high investment, solve the funding sources of entrepreneurial enterprises "start a kilometer". At the same time, the active and effective capital market can provide smooth exit channel for the early venture capital, realize the increment of venture capital and the new round of investment cycle. Third, with the traditional shares through the primary market is different, venture capital base;相关的主题文章: