CSRC holds a special symposium on implementing the spirit of the Central Economic Work Conference and promoting the reform and development of the capital market.

In recent days, the Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission (CSRC), Wu Qing, held a special symposium in Beijing, where he had in-depth exchanges with experts, scholars, media leaders, listed companies, and representatives of domestic and foreign capital institutions, fully listening to opinions and suggestions. During the symposium, everyone unanimously agreed that with the implementation of the new "Nine Articles" and the capital market "1+N" policy system, a targeted package of incremental policies continued to be implemented. The overall stability of the capital market was maintained, and the market ecology, which places more emphasis on investor returns, has further developed, significantly increasing the attractiveness of all types of funds. The original text is as follows: CSRC Holds Symposium to Implement the Spirit of the Central Economic Work Conference and Promote Capital Market Reform and Development To thoroughly implement the spirit of the Third Plenary Session of the Twentieth CPC Central Committee and the Central Economic Work Conference, and to promote the deepening reform and high-quality development of the capital market, the Secretary of the CSRC Party Committee and Chairman Wu Qing held a special symposium in Beijing. He had in-depth exchanges with experts, scholars, media leaders, listed companies, and representatives of domestic and foreign capital institutions, fully listening to opinions and suggestions. Li Chao, a member of the Party Committee and Vice Chairman of the CSRC, attended the symposium. During the symposium, everyone agreed that with the implementation of the new "Nine Articles" and the capital market "1+N" policy system, a targeted package of incremental policies continued to be implemented. The capital market overall maintained stable operation, and the market ecology, which places more emphasis on investor returns, has further developed, significantly increasing the attractiveness of all types of funds. Recently, the Central Economic Work Conference made clear and comprehensive deployments in various aspects of capital market reform, development, and stability, fully reflecting the high attention and expectations of the Party Central Committee and the State Council on the capital market. Everyone is confident in the stable and healthy development of the capital market and has a long-term positive outlook. At the same time, participants made specific suggestions on walking the path of China's unique financial development, further promoting the reform, development, and regulation of the capital market, including: paying more attention to balance between investment and financing, further clearing obstacles and bottlenecks for long-term funds to enter the market by promoting improvements in accounting treatment, assessment mechanisms, etc., continuously improving the policy system conducive to "long-term money and long-term investment", accelerating public fund reform, strengthening long-term capital, patient capital; improving issuance, listing, refinancing, reducing holdings, and other systems, enhancing the inclusiveness and adaptability of the system, better supporting technological innovation and the development of new productive forces; expanding and optimizing QFII and Shanghai-Hong Kong Stock Connect mechanisms, continuously promoting high-level institutional opening of the capital market; enriching ETFs and other capital market products to better meet the needs of investors; continuously intensifying punishment for serious financial fraud and other illegal activities, better protecting the legitimate rights and interests of investors; actively playing the role of the media, strengthening communication with investors, enhancing trust among all parties; and so on. Wu Qing emphasized that the CSRC will thoroughly implement the deployments of the Third Plenary Session of the Twentieth CPC Central Committee and the Central Economic Work Conference, have a deeper understanding and grasp of the main characteristics and operating rules of China's capital market, and walk the path of China's unique financial development. Insist on seeking progress while maintaining stability, continue to promote the effectiveness of the new "Nine Articles" and the capital market "1+N" policies. Adhere to marketization and rule of law, take deepening the comprehensive reform of capital market investment and financing as the traction, accelerate the advancement of a new round of capital market reform and opening up, and strive to actively contribute to the continuous recovery and high-quality development of the economy. As participants, builders, and researchers in the capital market, everyone is encouraged to unite and actively provide suggestions to jointly promote the high-quality development of the capital market. Relevant leaders of the CSRC departments and bureaus attended the symposium. This article is selected from the official website of the China Securities Regulatory Commission, edited by GMTEight: Chen Xiaoyi.