Wu Qing: Perfecting the system mechanisms for identifying and selecting technology innovation enterprises, as well as forming prices.

In the recently published "Guidebook on the Suggestions of the CPC Central Committee on Formulating the 15th Five-Year Plan for National Economic and Social Development," Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), published a signed article titled "Enhancing the Inclusiveness and Adaptability of the Capital Market." Wu Qing pointed out that the key is to deepen the reform of the Science and Technology Innovation Board and the Growth Enterprise Board, actively develop diversified equity financing, and enhance the full chain and full life cycle service capabilities for real businesses. The system mechanisms for identifying and selecting technology innovation enterprises and forming prices should be further improved to provide more precise and effective support for high-quality companies to go public. Continuous improvement in the high-standard professional service capabilities of intermediary institutions. Actively develop private equity and venture capital funds. Improve the multi-tier bond market system, vigorously develop science and technology innovation bonds, green bonds, and steadily develop real estate investment trust funds and asset securitization. Enhance the layout of futures varieties and industrial service functions.