The Initial Public Offerings mark the beginning of the stock market in china and signify an important step of Chinese economic reform. 企業(yè)公開(kāi)上市發(fā)行標志著(zhù)中國證券市場(chǎng)的開(kāi)始,象征著(zhù)中國經(jīng)濟改革邁出了重要一步。
Unlike most of the stock markets in market-based economies, China's stock market was created as a fund-raising venue for SOEs. 與大多數以市場(chǎng)為基礎的證券市場(chǎng)不同,中國證券市場(chǎng)的建立是為了給國有公司提供融資的場(chǎng)所。