Assets exchange boosts finance reputation

The first national financial assets trading platform - Beijing Financial Assets Exchange (BFAE) - is scheduled to start operating on Monday, showing the city's ambition to build a world-class financial center.

The exchange is set to play a vital role in non-performing assets disposal and equity transfers of financial companies.

It will also provide a transaction platform for credit assets and trust products, and offer services for private equities ranging from raising money to exiting deals.