On this occasion, I would like to extend sincere congratulations to the successful launch of the GEM in my own name and on behalf of the People’s Bank of China. In the 1970’s, the Growth Enterprise Market was designed to accommodate vigorous scientific and technological innovation and the boom of start-ups around the world.
After three decades of development and especially after the test of this international financial crisis, the GEM is again, showing great vitality. The GEM in China does not come easy. Years of comparison and analysis of international experiences, policy and system and repeated feasibility studies have finally led to the successful listing of the first 28 companies on the GEM.