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Xinhua | Updated:2017-01-16 13:50BEIJING – A total of 36 small and medium-sized enterprises (SMEs) were added to Chinas New Third Board from Jan 9 to 13, data from RoyalFlush Information, a financial information service provider, showed.Turnover on the board hit 4.33 billion yuan (around $628 million) in the past week.The New Third Board, or National Equities Exchange and Quotation (NEEQ) system, is a national system for SMEs to transfer shares and raise funds.It began life in 2006 as an experimental platform for non-listed small high-tech enterprises in Beijings Zhongguancun Science Park. The present system was officially established on Jan 16, 2013 after trials in cities including Shanghai, Tianjin and Wuhan.It complements the existing stock exchanges, the SME board and the ChiNext board. The board is seen as an easy financing channel with low costs and simple listing procedures.Related Stories124 SMEs debut on Chinas New Third BoardSMEs on New Third Board boost WNDs economyMore SMEs debut on New Third Board102 SMEs debut on New Third Board50 SMEs debut on New Third BoardPhotoFake luxury items cant escape Beijing authentication centerNo time to waste for young musicianKaiming factory produces 3,000 lanterns a dayChinas first advanced AI interactive robot shows up in ShanghaiOne man says goodbye to city job to farm back homeChina masters production of steel components for ballpoint pen tipsMost Viewed in 24 HoursTop 10Top 10 Chinese global brand buildersEditors picksXiaomi releases 4G network-enabled notebookStandalone VR goggles expected to boom in ChinaChina DataInfographic: China monthly economic dataQ&A With CEOChurning out milk from grass to the glassNew direction to ride out perfect stormSpecialPresident Xi visits Switzerland2016 Central Economic Work ConferenceBACK TO THE TOPHOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELWATCHTHISSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperMOBILECopyright 1995 -var oTime = new Date();
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