Wu Qing: Promote institutional reform closely around the needs of the market and the calls of the masses.
In the recently published "Guidance Manual on the Drafting of the 15th Five-Year Plan for National Economic and Social Development by the Central Committee of the CPC," Wu Qing, Chairman of the China Securities Regulatory Commission, published a signed article entitled "Enhancing the Inclusiveness and Adaptability of the Capital Market." Wu Qing pointed out that to enhance the inclusiveness and adaptability of the capital market, it is necessary to always adhere to the political and people-oriented nature of capital market work. Promote institutional reforms around the needs of the market and the calls of the masses, and more effectively protect the legitimate rights and interests of investors, especially small and medium-sized investors; better coordinate investment and financing for balanced development, focus on the overall balance of quantity, and pay more attention to continuous improvement in quality, helping to accelerate the transformation of household savings into social investment, steadily optimizing the financing structure, and promoting the coordinated development of the primary and secondary markets.
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