Economic Daily's Jin Guanping: Gathering the stable power of the capital market.

An article in the Economic Daily pointed out that the capital market is related to the overall economic and social situation, and affects the vital interests of millions of investors. It is of great significance to stabilize the market operation. The Chairman of the China Securities Regulatory Commission, Wu Qing, recently stated, "It is necessary to consolidate the momentum of market stabilization and improvement" and "better play the role of all market participants in stabilizing the market." Stabilizing the market means stabilizing expectations. A stable operating capital market can stabilize asset price growth, provide investors with good return expectations, and act as a "reservoir" for preserving and increasing residents' wealth. Stabilizing the market also means stabilizing confidence. A stable operating capital market signifies a stable economic foundation, steady development of listed companies, a standardized and transparent investment environment, and can firmly support investors' confidence. A stable operating capital market can better play a pivotal role, more efficiently allocate resources, promote a high-level cycle of "technology-capital-industry", and provide solid support for stable economic development.