Local governments continue to emerge with measures to support the development of the capital market, and many regions are mapping out a path for the development of the capital market.

From accelerating the cultivation of new high-quality productive forces, supporting technology-based companies in their listing and financing, to encouraging listed companies to strengthen through mergers and acquisitions, and further strengthening the governance system of listed companies...recently, various measures to support the development of capital markets by local governments have continued to emerge, outlining a roadmap for the development of local capital markets. Utilizing capital market tools effectively is one of the important keys to developing the local economy. Tian Lihui, the Dean of the Financial Development Research Institute of Nankai University, stated that the various deployments by local governments reflect a greater emphasis on guiding capital to be invested in an orderly manner into the fields of technological innovation and emerging industries, leveraging the role of the capital market in serving the real economy. Through supporting corporate financing, mergers and acquisitions, and other means, a virtuous mechanism of coordinated development between the capital market and the real economy is being built.