Source: China Securities Regulatory Commission Release The China Securities Regulatory Commission convened a symposium on implementing the spirit of the Third Plenary Session of the 20th CPC Central Committee and promoting the stable and healthy development of the capital market.

Source: China Securities Regulatory Commission released

The China Securities Regulatory Commission convened a symposium to implement the spirit of the Third Plenary Session of the 20th CPC Central Committee

Promote the stable and healthy development of the capital market

In order to deeply implement the Third Plenary Session of the 20th CPC Central Committee and the September 26 Central Political In accordance with the spirit of the Bureau meeting, Wu Qing, Secretary and Chairman of the Party Committee of the China Securities Regulatory Commission, recently held two symposiums with industry organizations in Shanghai to have in-depth exchanges with representatives of securities companies, public funds and private funds, and fully listen to opinions and suggestions. Qiu Yong, Secretary of the Party Committee and Chairman of the Shanghai Stock Exchange, attended the discussion.

During the discussion, everyone agreed that since the beginning of this year, with the introduction of the new "Nine National Regulations" and the gradual implementation of the "1+n" policy system in the capital market, especially the positive effects of my country's recent package of incremental policies are continuing to appear, all parties expect and confidence have been significantly enhanced, the capital market has recovered and improved, showing strong resilience. As the counter-cyclical adjustments of fiscal and monetary and financial policies are further intensified, the macro-economy is expected to continue to rebound and improve, and there is a solid foundation and conditions for maintaining the stable and healthy development of the capital market.

At the same time, the representatives attending the meeting focused on further implementing the "1+n" policy system and institutional rules of the capital market, comprehensively deepening the reform of the capital market, making coordinated use of capital market tools such as stock and bond financing, mergers and acquisitions, and enhancing the comprehensive service capabilities of the multi-level capital market system. , and put forward specific suggestions on strengthening three-dimensional accountability in the capital market and standardizing the order of information dissemination in the capital market.

Wu Qing emphasized that securities fund institutions are important intermediaries and professional service institutions in the capital market, and play an important role in further comprehensively deepening the reform of the capital market, promoting the optimal allocation of resources, promoting the development and growth of enterprises, and serving the process of China-style modernization. We must deeply grasp the important arrangements and requirements for the capital market made at the Third Plenary Session of the 20th Central Committee of the Communist Party of China, further strengthen our confidence, insist on running our own affairs well, and better play the role of a key link connecting all participants in the capital market; accelerate the improvement of investment banks, Professional capabilities such as investment and investment research, cultivate core competitiveness, effectively serve the needs of investment and financing and other parties, and promote better market functions; improve internal control and governance levels, fulfill compliance and compliance responsibilities, and strengthen risk control of innovative products, Help the market operate smoothly; properly handle the relationship between functionality and profitability, improve the investor protection working mechanism, and strengthen investor services; benchmark and table the "five dos and five don'ts" requirements, and work together to shape a good industry culture; look beyond the industry Taking the overall situation into consideration, we will be more actively involved in further comprehensively deepening the capital market reform, proactively offer advice and suggestions, ensure the implementation of the system, and jointly ensure that the reform achieves the expected results.

Responsible comrades from relevant departments, bureaus and units of the China Securities Regulatory Commission attended the discussion.