Chairman Wu Qing of the China Securities Regulatory Commission visited the financial regulatory authorities of France and Brazil and held discussions with representatives of international institutional investors.

Chinese Securities Regulatory Commission Chairman Wu Qing visited Paris, France and Rio de Janeiro, Brazil from November 10th to 13th, 2025, and held bilateral meetings with Madame Fabienne Lvy of the French Financial Market Supervisory Authority and Mr. Lupo, acting Chairman of the Brazilian Securities Commission, as well as Ms. Copola, discussing topics such as the dynamics of securities market regulation in France, the European Union, and Brazil, and further deepening and expanding practical bilateral cooperation in the capital markets. During his visit to France and Brazil, Wu Qing also held discussions with international institutional investors such as Socit Gnrale, BNP Paribas, Barclays Bank, UBS Group, and Pictet Group, as well as representatives of Chinese enterprises and financial institutions operating in France and Brazil, to promote and interpret the spirit of the Fourth Plenum of the 20th CPC Central Committee and investment opportunities in the Chinese capital market. He also sought the opinions and suggestions of international institutional investors and Chinese enterprises on promoting high-level openness in the Chinese capital market.