Wu Qing: Together, we will use a "combination punch" to respond to external shocks, improving investor confidence and market expectations significantly.

On September 22, when introducing the achievements of the development of the financial industry during the "14th Five-Year Plan" period, Wu Qing, the Chairman of the China Securities Regulatory Commission, stated at a press conference of the State Council Information Office that they will resolutely maintain the stable operation of the market. They will implement the "four early" requirements, strengthen comprehensive monitoring and early warning, improve the mechanism for cross-market, cross-sector, and cross-border risk prevention and control, strengthen countercyclical adjustment, coordinate the development of primary and secondary markets, and at the same time, enhance coordination and linkage with relevant parties. They will support institutions such as the Central Huijin Investment Ltd., social security, insurance, securities funds, and listed companies to play their inherent stability roles, jointly fight the "combination punches", build a strong defense against waves and effectively respond to external shocks. As a result, investor confidence and market expectations have significantly improved.