今日上海
企业为快速上市迁址贫困县 - 2017年02月16日
Poverty pockets whisk IPOs to front of the line
SEVERAL times in recent months, a lawyer who wants to be identified only as Jack flies from Shenzhen to Yanchuan, a small, rural county in northern Shaanxi Province, to talk with local government officials about registering a company there and preparing the necessary documents.
The county, which is under the jurisdiction of the city of Yan’an, is a poverty-stricken area typical of regions along the treeless loess plateau above the Yellow River.
What attracted Jack to this somewhat bleak backwater are changes to China’s initial public offering procedures that encourage unlisted companies in impoverished areas to sell shares to the public as an impetus to local economic development.