Capital market hails Beijing’s thrust on reforms

SHANGHAI: Sustained development of China’s capital market can be expected as the central government has confirmed its stance on perfecting the fundamental market mechanisms in the latest Government Work Report, said experts.

According to the report delivered by premier Li Keqiang at the opening of this year’s session of the 13th National People’s Congress in Beijing on Friday, continued efforts will be made this year to advance the reform of registration-based initial public offering (IPO) mechanism in the A-share market.