中文：

新三板全称为全国中小企业股份转让系统，是继上交所、深交所之后，经国务院批准设立的中国第三家全国性证券交易场所。

新三板主要服务于创新型、创业型、成长型中小微企业，具有准入门槛低、挂牌成本低、市场认可度高的优势。对于企业而言，通过新三板挂牌，可以获得更多的融资机会和流动性支持，同时可以提高企业的知名度和品牌价值。

新三板市场的发展对于中国多层次资本市场建设具有重要意义。一方面，新三板市场的建设可以促进场外市场的发展和完善，为更多企业提供多元化的融资渠道和退出机制；另一方面，新三板市场的建设可以为未来中国资本市场的改革和创新提供先行先试的实验田，推动中国资本市场向更加成熟和规范的方向发展。

英文：

The New Third Board, also known as the National Equities Exchange and Quotations, is the third national-level securities trading venue after the Shanghai and Shenzhen stock exchanges, established with the approval of the State Council.

The New Third Board mainly serves innovative, entrepreneurial, and high-growth small and medium-sized enterprises. It has the advantages of low entry threshold, low listing costs, and high market recognition. For companies, listing on the New Third Board can help them obtain more financing opportunities and liquidity support, while enhancing their visibility and brand value.

The development of the New Third Board market is of great significance for the construction of China's multi-level capital market. On one hand, the development of the New Third Board market can promote the development and improvement of the off-board market, providing more companies with diversified financing channels and exit mechanisms. On the other hand, the construction of the New Third Board market can serve as a test bed for future reforms and innovations in China's capital market, driving China's capital market towards a more mature and standardized direction.