The China Securities Regulatory Commission will launch cooperation projects with the Singapore stock exchange to promote initial public offerings by Chinese companies in the city-state, the commission said on Friday.
Last month, Singapore Exchange Ltd wrote to the CSRC asking it to boost cooperation projects to support Chinese companies planning to go public in Singapore.
At the time, Singapore Exchange also said it would release further statements to confirm the IPO procedures and requirements for Chinese companies planning to get listed there.
The CSRC said it supports the city-state's IPO mechanisms and arrangements for Chinese companies.
"Our commission supports all the moves by Chinese companies that meet the requirements to get listed in overseas markets," said a CSRC spokesman.
"We'd like to strengthen cooperation projects with overseas stock exchanges, including Singapore Exchange Ltd, to make the financing process of Chinese companies smoother."
Meanwhile, the commission is also promoting a policy to increase the participation of commercial banks and insurance companies in the country's recently launched treasury bond futures market, the spokesman said.
Treasury bond futures were launched on Sept 6 in the country, and the market has been running without hiccups since then, he added.
"From global experience, cultivating a good market for treasury bond futures requires a long time. And the wide participation of financial institutions is an important guarantee of the market's Securities companies, fund management firms and futures companies have already been participating in the market, he added.
China's treasury bond futures closed mixed on Friday, with the December contract - the most actively traded - down 0.064 yuan (1 US cent) to 91.782 yuan.
The March 2014 contract rose 0.1 yuan to 92.558 yuan, while the June contract increased 0.134 yuan to 92.906 yuan.