Tianjin forges ahead with capital markets reform

Tianjin is at the forefront of China's financial reform and innovation campaign. The establishment of the Tianjin Climate Exchange, Tianjin Bohai Commodity Exchange, Tianjin Ferroalloy Exchange, Tianjin Equity Exchange, Binhai International Equity Exchange and other innovative exchange markets, have facilitated the growth of the region's financial capital and commodity markets.

The Tianjin Equity Exchange, established in October 2008, is an exchange platform for non-listed companies. After more than a year of operation and exploration, it has developed a financing model for small to medium-sized enterprises. So far, it has raised more than 1 billion yuan for enterprises by means of private equity placement.

Binhai International Equity Exchange, serves as a service platform for China International Private Equity Forum, and was established in October 2008.