Gong Zheng, deputy secretary of the Shanghai Municipal Committee and mayor, presided over an executive meeting of the municipal government today. The meeting agreed in principle on implementation opinions on further exploiting the role of the capital market to promote the high-quality development of science and innovation enterprises in our city, and pointed out that in the five years since the implementation of Shanghai's “Light of the Pujiang River” campaign, a number of high-quality enterprises have successfully entered the capital market and continued to grow and grow. We should pay close attention to the quality and structure of listed companies, and focus on cultivating science and innovation enterprises representing the direction of self-reliance and self-improvement in science and technology and the development of new quality productivity. It is necessary to follow the clear direction of “invest early, invest small, invest in the long term, and invest in hard technology”, amplify the superposition effects of policies, create an atmosphere of “government leading investment and institutional follow-up investment”, and drive more social capital to become long-term capital and patient capital. It is necessary to expand the “Light of the Pujiang River” campaign to a wider range of fields and promote more high-quality enterprises to enter the capital market.

Gong Zheng, deputy secretary of the Shanghai Municipal Committee and mayor, presided over an executive meeting of the municipal government today. The meeting agreed in principle on implementation opinions on further exploiting the role of the capital market to promote the high-quality development of science and innovation enterprises in our city, and pointed out that in the five years since the implementation of Shanghai's “Light of the Pujiang River” campaign, a number of high-quality enterprises have successfully entered the capital market and continued to grow and grow. We should pay close attention to the quality and structure of listed companies, and focus on cultivating science and innovation enterprises representing the direction of self-reliance and self-improvement in science and technology and the development of new quality productivity. It is necessary to follow the clear direction of “invest early, invest small, invest in the long term, and invest in hard technology”, amplify the superposition effects of policies, create an atmosphere of “government leading investment and institutional follow-up investment”, and drive more social capital to become long-term capital and patient capital. It is necessary to expand the “Light of the Pujiang River” campaign to a wider range of fields and promote more high-quality enterprises to enter the capital market.