Winny Wang/ Shanghai Daily news

Shanghai equity-transaction market traded a year-on-year growth of 54.72 percent in foreign assets from 22 countries and regions last year, making equity-transactions an important channel for foreign companies to invest in China.

The city transacted assets and equity worth 84.4 billion yuan last year, growing 2.3 percent from a year earlier.

In the period, companies from out-of-town areas traded 5.8 percent more equity last year through the assets exchange, with the sum growing 58.5 percent.

The Shanghai Municipal government in November 2003 combined the city's two equity bourses for unlisted companies -- the Shanghai Assets and Equity Exchange and the Shanghai Technology Stock Exchange -- to create the Shanghai United Assets and Equity Exchange.