(Yicai Global) Oct. 11 -- China's National Development and Reform Commission (NDRC), the nation's top price setter and economic planner, will exert efforts to undertake deep reform of enterprise bonds in order to better control and manage risks associated with the market, the commission said on its website today.

The NDRC also aims to standardize enterprise debt financing activities, accelerate the establishment of the bond market credit system, and strengthen key supervisory functions related to the market.

"We must continuously promote management system reform for enterprise bond issuance," the NRDC said. The regulator will make sure the financing services continue to serve the real economy, and look to improve the efficiency of enterprise bond capital usage.

The NDRC also aims to boost financing services for national level industries and innovative firms, as well as allocate more financial resources to key fields for social development in the country.