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BEIJING www.undercoverreactelement87.com , March 4 (Xinhua) -- As the Chinese economy slows, a stock price boom of recently listed new enterprises has stoked hopes of new growth vigor through innovation, an area the government had previously identified as having potential.
The ChiNext Index, China's Nasdaq-style board of growth enterprises, closed at a historical high of 2,009.83 points Wednesday undercover nike react element 87 womens cheap , up 2.45 percent. Strong performance this week has fed confidence that innovative companies will emerge as a new economic engine.
Chen Bin, founder of YunDing Internet Technology Co., which produces wireless sensors, said he was encouraged by the new high.
"This suggests investors and the capital market are optimistic about startup companies."
The sensors created by Chen's company update users in realtime about door and window activity. As an entrepreneur, the 32-year-old said he was aware of the potential for his company to further expand into the home technology sector.
"The government is encouraging new businesses and innovation, this has created a suitable climate for entrepreneurs undercover nike react element 87 mens cheap ," Chen said. "Such an atmosphere will inspire the nation's pioneering spirit, and is conducive to further development."
Chen is not alone. More than 3.65 million new enterprises were registered last year, an increase of almost 46 percent year on year amid government reforms to cut red tape and simplify approval procedures.
In his address to the World Economic Forum's annual meeting, held in Davos in January, Premier Li Keqiang said China needed to encourage entrepreneurship and innovative practice to mobilize the wisdom and power of the people.
With a workforce of 900 million people and a population of 1.3 billion, analysts say undercover nike react element 87 cheap , should all elements of the Chinese society be mobilized it would have a positive impact on growth momentum.x Wang Xiaochu, former vice minister of human resources and social security, said amid the "new normal" of the economy, startups and innovation are important to countering the slowdown.
"This process will also help expedite restructuring and industrial upgrading efforts," said Wang, who is also a deputy to the National People's Congress nike react element 87 cheap , which is slated to convene its annual session Thursday.
Chi Fulin, director of the China (Hainan) Institute for Reform and Development and also a member of China's top political advisory body, agreed that innovation would drive structural measures.
"Information technology is already playing an important role," he said.
On Monday, the China Securities Regulatory Commission gave the green light to 24 companies wanting to file for initial public offerings.
Among them, eight companies will make their debut on the ChiNext board.
NEW YORK nike m2K tekno white cheap , Sept. 22 (Xinhua) -- U.S. stocks ended mixed on Friday, as rising geopolitical tensions between the Democratic People's Republic of Korea (DPRK) and the United States weighed on the market.
The Dow Jones Industrial Average lost 9.64 points, or 0.04 percent, to 22,349.59. The S&P 500 added 1.62 points, or 0.06 percent nike m2K tekno black cheap , to 2,502.22. The Nasdaq Composite Index was up 4.23 points, or 0.07 percent, to 6,426.92.
On the economic front, the seasonally adjusted HIS Markit Flash U.S. Composite PMI Output Index came in at 54.6 in September nike m2K tekno pink cheap , down slightly from 55.3 in August and missing market consensus of 54.9.
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BEIJING, Sept. 22 (Xinhua) -- Defending champion Guangzhou Evergrand were forced to a 2-2 draw by Chongqing Lifan and their advantage was cut down to 4 points over second placed Shanghai SIPG in the 26th round of 2017 Chinese Super League.
Zheng Yourong broke the deadlock through a free kick for Chongqing Lifan in the 16th minute, and Gao Lin's header in the 28th minute equalized for Guangzhou Evergrand and he scored again in the 60th minute only to see Brazilian Fernandinho equalized in the 79th minute for Chongqing Lifan.
It was the second consecutive draw for the defending champions Guangzhou Evergrand, while Shanghai SIPG took the chance to narrow the gap to 4 points by beating Beijing Guoan 1-0 on Friday.
Brazilian midfielder Oscar scored the only goal in the 32nd minute from his compatriot Hulk's pass to give Shanghai SIPG the victory.
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