Reform plan for Pudong New Area unveiled

CHINA has unveiled a comprehensive reform plan for Pudong New Area, with a focus on the financial market and technology development, according to the plan issued on Monday by the General Office of the Communist Party of China Central Committee and the General Office of the State Council.

The plan outlines a strategy to promote financial support for technological innovation and addresses the need to ease capital market listings and financing for technology enterprises, with new options and futures products such as shipping index launches under consideration.