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Market reform key to 5-year plan-Eastday

From:ChinaDaily   |  2021-02-24 09:21 Like many startup founders in China, Shen Cong, the CEO of an internet-based education business, gained his knowledge about the capital market through years of meeting investors. Now he is aiming at an initial public offering for his company GEC Academy. The 32-year-old Columbia University graduate, who was selected on Forbes China s 30 under 30 list in 2018, said his goal is to launch his company on the stock market within the next five years as he foresees robust growth in the country s capital market. On Jan 31, the General Office of the Communist Party of China Central Committee and the General Office of the State Council announced an action plan with 51 measures to develop a high-quality market to correspond with the 14th Five-Year Plan (2021-25).

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