Stock Market: Top-Down Policy and Law Improvement

stock market: The benchmark Shanghai Composite Index edged up 0.44 percent to 3,136.77 points on Monday, according to Global Times China. The newly formed commission has been launched as China expands its military hardware and hopes to better tap into innovation, investment and production capacity in the civilian sector, according to media reports. Nine stocks rose by the daily limit of 10 percent, according to calculations by the Global Times based on data on financial news portal sina.cn. China announced a top-down policy in July 2016 on the integration of economic and military development, calling for relevant law improvement, synchronization and sharing between the two by 2020. Those already listed on the stock market stand to reap more benefits, although there are also a few matters to be solved, Han Pu, co-founder of Beijing-based jmrh.cn, a decade-old website that has boosted the integration of civilian and military investment and technology. High-tech private-sector companies with products that have military applications can benefit from the national policies and their implementation. (news.financializer.com). As reported in the news.

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