Jiaxing in East China's Zhejiang province is expected to be home to more than 100 listed companies with a combined market value of more than 1 trillion yuan ($151.16 billion) by 2025, according to a meeting held by Jiaxing government departments on Nov 7.

The city is currently home to 63 listed companies with a total market value of nearly 500 billion yuan, ranking fourth in Zhejiang.

Among them, 46 are high-tech companies listed on the main board market, the small and medium enterprise board, the growth enterprise market, the scientific and technological innovation board, or major overseas capital markets.

Statistics show that the operating revenue of domestic listed companies in Jiaxing totaled 89.32 billion yuan in the first half of this year, accounting for 20.36 percent of all companies above designated size.

These companies have earned 10.17 billion yuan during this period, accounting for 42.66 percent of companies above designated size.

This year, eight companies in Jiaxing have gone public in China and other countries, and two more plan to go public by the end of the year.

In addition, 34 local companies have been receiving pre-listing guidance and plan to go public in two or three years.

According to officials from the Jiaxing financial office, in the following five years, the city will zero in on companies with promising future prospects and growth potential, strong competitiveness, and that plan to go public, offering them guidance and helping them overcome challenges related to going public.