The Beijing Stock Exchange (BSE) started trading on November 15, indicating a major step in China's efforts to deepen capital market reform and support innovation-driven small and medium-sized enterprises.

The bourse's first-month turnover reached 47.9 billion yuan ($7.52 billion), with the listing of 82 companies.

The BSE adopts the registration-based initial public offering system featuring lower listing thresholds, diverse evaluation standards and a shorter approval time compared with the main boards of the Shanghai and Shenzhen stock exchanges.