Wu Qing: Improve the basic institutional system of the capital market to enhance policy stability, continuity, and predictability.

In the recently published "Guidance Reader on the Suggestions of the CPC Central Committee on Formulating the 15th Five-Year Plan for National Economic and Social Development," the Chairman of the China Securities Regulatory Commission, Wu Qing, published a signed article entitled "Improving the Inclusiveness and Adaptability of Capital Market System." Wu Qing pointed out that in order to improve the inclusiveness and adaptability of the capital market system, we must make good use of the key move of reform and opening up. It is necessary to adhere to the direction of marketization, rule of law, and internationalization of reform, focus on removing institutional obstacles that restrict the improvement of the inclusiveness and adaptability of the capital market system, further stimulate market vitality, and strengthen market functions. Persistence in combining effective markets with proactive government, improve the basic institutional system of the capital market, enhance the stability, continuity, and predictability of policies. Promote reform and development through opening up, steadily expand high-level institutional opening of the capital market.