STAR Market expected to fuel innovation drive

President calls for more measures to encourage listing of high-tech firms

The science and technology innovation board on the Shanghai Stock Exchange has gained further endorsement from the top leadership for its role in nurturing the country's innovative power as President Xi Jinping called for greater support to facilitate high-tech companies to go public.

Analysts said that Xi's remark showed that the leadership expects highly of the board, the role of which should be further elevated to help boost the country's technological progress and high-quality growth.