Economic Watch: Mergers, acquisitions in Chinese capital market gain steam amid policy tailwinds

BEIJING, Sept. 29 (Xinhua) -- Mergers and acquisitions (M&A) among Chinese listed firms have gathered pace in recent months thanks to favorable policies to consolidate companies' competitiveness, contributing to the high-quality development of the country's capital market.

The number of such M&A cases saw a marked increase from the same period last year, with 46 major asset reorganization deals disclosed between