New high-tech index debuts on Shenzhen SE

The Zhongguancun Stock Index, China's first high-tech benchmark index that reflects the performances of listed companies registered in the Zhongguancun high-tech science park in Beijing, debuted on the Shenzhen Stock Exchange on Thursday.

The listed companies in the bustling Zhongguancun saw a 64 percent growth in their market values in 2013, exceeding the 33 percent gain of the New York-based Nasdaq Composite during the year.

"The Zhongguancun Stock Index accurately represents the level of innovation in China's science and technology sector. With the support of the Shenzhen Stock Exchange, the launch of the index marks a significant step forward," said Zhang Gong, the vice-mayor of Beijing.