What significance will cgm be of for the chinese venture capital ( vc ) mechanism , multiple - function capital market and other economic reforms ? firstly , second board is briefly introduced , including several successful foreign second boards and the difference between the main board and the second board . on the base of the nine documents , the paper discussed the purpose of founding cgm , the range of listed companies and the relationship of cgm and chinese economic reform 介绍创业板市场区别于主板市场的特点；通过对国外几家成功创业板市场基本情况的介绍增加对实际创业板市场的认识；在九个《中国创业板规则（咨询文件） 》基础上分析“拟建的中国创业板市场”的开设目的、上市对象及其与中国经济改革的关系。
After fully realizing it , researchers and financial institutions have paid much attention to the progress of founding com , and the progress has been propelled to the research stage of making concrete policies from the discussion stage of relative polices . in oct 2000 , shenzhen stock exchange made the nine chinese growth market rule - consultation document public , which gave a quite clear framework of com 在充分认识到创业板市场的重大作用后，从理论界到实际部门都对中国创业板市场的开设给予了热切的关注，建立中国创业板市场的推进过程也由“对中国创业板市场有关政策的研讨阶段”过渡到了“有关创业板市场的具体政策的研究制定阶段” 。
Chapter three analysis of cgm ' s participants in this part , the paper grouped cgm ' s participants into three kinds : venture enterprises " sponsors ( like venture fund ) , institutional investors and personal investors . and the paper forecasted the possible main participants . last , the possible risk and investment strategies were also discussed 第三章“中国创业板市场参与者分析”将市场参与者分为三类进行分析，即创业投资公司等创业企业发起人、机构投资者和个人投资者，并且讨论了中国创业板市场主要参与者的可能结构；分析了各类参与者在创业板市场可能面临的风险及投资策略。
