IN BRIEF (Page 7)

CSRC to back innovation bonds

China's securities regulator said on Friday that it will continue to support the pilot innovation and entrepreneurship bond to facilitate financing for SMEs in the high-tech sector. Gao Li, spokeswoman of the China Securities Regulatory Commission, said bonds dedicated to innovation and entrepreneurship will be added to the local governments' financial support system. The CSRC will fast-track evaluation and approval of proposals to issue such bonds.

Oz agricultural sector shines