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China International High-Tech, Property Exchange Established
China Friday established International High-Tech & Property Exchange in Shenzhen City, one of special economic zones in south China's Guangdong Province.
As first of its kind in the country, the exchange consists of nine institutions which include the China International High-Tech Transfer Center and some local high-tech and venture capital companies.
It is China's first exchange to adopt the corporate system.
The exchange will engage in providing all-round professional services to enterprises, including consultation, asset management,property assessment and exchange, to promote China's high-tech industrialization, according to Zhao Hui, president of the exchange.
Representatives with the Ministry of Science and Technology, Chinese Academy of Sciences, some major financing institutions and high-tech enterprises were present at the opening ceremony for the exchange today.
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