Beijing to be 'new highland' for securities industry

China will try to establish a trading platform in Beijing to better commercialize technologies, and promote the capital city as a "new highland" of securities industry opening-up, a top securities regulator said on Thursday.

The moves are expected to leverage Beijing's advantages to strengthen the role of capital and technology markets in driving the country's quality growth, experts said.

The China Securities Regulatory Commission will work with Beijing authorities to explore the possibility of establishing a "science and technology transformation board," Yan Qingmin, vice-chairman of the commission, said at a forum in Beijing on Thursday.