(Adds details of statement)
BEIJING, Jan 11 (Reuters) - China will expand funding channels for small and medium-sized firms, according to a statement posted on the website of its State Council, or cabinet, citing a meeting led by Premier Li Keqiang.
Regional share markets should develop in line with regulations, the statement added, and focus on servicing the needs of small and medium-sized firms.
These measures are important aspects of China’s supply side reforms and efforts to improve multiple levels of capital markets. (Reporting by Beijing Monitoring Desk and Sue-Lin Wong; Editing by Jacqueline Wong)