China is intensifying its financing support for small and micro enterprises as part of efforts to stabilize employment and stimulate economic growth. The country has also introduced regulations to facilitate the overseas listing of technology firms, with 242 companies, including 83 in the science and technology sector, having completed filings since the new rules took effect in 2023. The securities regulator has pledged to support high-quality pre-profit tech firms in accessing capital markets. Additionally, China has launched a "sci-tech board" in the bond market, where nearly 100 institutions have issued innovation bonds worth over 250 billion yuan (approximately US$34.72 billion) since early May. These initiatives form part of a broader strategy to enhance technological development and global competitiveness, particularly centered in Shanghai.