Nation speeding up bid to roll out new innovation board

China is speeding up its bid to roll out the science and technology innovation board, backed by early progress in related reforms and a steadily recovering stock market, analysts said.

As a significant step in capital market reform, the new stock trading platform is likely to launch in the first half of 2019, boosting innovation and improving market efficiency, they said.

A meeting of the Party's central committee for deepening overall reform held on Wednesday reviewed and passed the plan to launch the new board and experiment with the registration system, measures announced only about 80 days earlier.