The China Securities Regulatory Commission held a seminar for foreign institutions on the "14th Five-Year Plan" for the capital market

During the discussion, participating institutions unanimously agreed that since the release and implementation of the new "Nine Policies," China's capital market has achieved positive results in improving basic systems, enhancing market functions, increasing the investment value of listed companies, and expanding high-level openness. The willingness and enthusiasm of foreign capital and foreign institutions to participate in China's capital market have significantly increased. The participating institutions expressed confidence in the long-term positive development of the Chinese economy and capital market. At the meeting, specific opinions and suggestions were raised on how to improve the inclusiveness and adaptability of capital market systems during the "14th Five-Year Plan" period, steadily expand high-level institutional openness, and accelerate the construction of first-class investment banks and investment institutions. These mainly include: continuously enhancing the adaptability and coverage of capital market services for the real economy, improving the continuity and predictability of policies; further enhancing the investment value of listed companies, strengthening investor protection and corporate governance; continuously improving the facilitation level of cross-border investment and financing, and strengthening alignment with international standards and regulatory rules; promoting the "bringing in" and "going out" dual openness of industry institutions, supporting differentiated and specialized development of foreign institutions, and enhancing the global resource allocation capabilities of local institutions; and so on. Wu Qing stated that the China Securities Regulatory Commission will earnestly implement the relevant deployments of the 20th National Congress of the Communist Party of China and the upcoming national "Two Sessions," solidly carry out the relevant work of the capital market "14th Five-Year Plan," and study and plan key measures to promote the high-quality development of the capital market in the next five years. Wu Qing emphasized the need to firmly establish and practice the correct view of political achievements, closely focus on risk prevention, strengthen regulation, and promote high-quality development as the main line of work, adhere to the direction of marketization, rule of law, and internationalization, take the reform of the Sci-Tech Innovation Board and the Growth Enterprise Market as a starting point, continuously deepen comprehensive reforms in investment and financing, further improve the capital market system, products, and service system, enhance the inclusiveness, adaptability, attractiveness, and competitiveness of the system, and better serve technological innovation and the development of new productive forces. We must adhere to promoting reform and development through openness, striving to push the capital market's openness to a deeper and higher level, actively participate in and promote global financial governance reform, and continuously create a transparent, stable, and predictable market environment. Foreign institutions are important participants and witnesses in China's capital market, and we hope everyone will further leverage their advantages in global resource allocation, international perspective, and professional experience to actively provide suggestions and contribute to the high-quality development of China's capital market. Risk Warning and Disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk