China's first high-tech property right trade company was officially established in Shenzhen in Guangdong province Wednesday.
The Shenzhen International High-Tech Property Exchange Co., Ltd. was formed by nine high-tech financing organs in Shenzhen, which were all rich in both funds and operation experience, a local government source said.
A spokesman from the Shenzhen municipal government told a press conference that the purpose of the company is to promote the R&D sector in the city and to make the trade of high-tech property right more open, fair and efficient.
(Xinhua 09/28/2000)
