新华解码｜如何理解“增强国内资本市场的吸引力和包容性”

Group 1 - The core viewpoint emphasizes the importance of enhancing the attractiveness and inclusiveness of the domestic capital market to support its stable and positive development [1][3] - The investment and financing functions of the capital market are interdependent, and the healthy development of the market relies on their coordination [1][5] - Recent policies aim to improve market stability, enhance the quality and investment value of listed companies, and protect investors' rights [2][4] Group 2 - The capital market has shown resilience against external shocks, with a series of measures taken to stabilize and invigorate the market [3][4] - There is a growing interest from foreign investors, with a net increase of $10.1 billion in domestic stocks and funds in the first half of the year, indicating a rising willingness to allocate capital to Chinese assets [3] - The ongoing reforms in the capital market are aimed at addressing existing issues related to attractiveness and inclusiveness, particularly in supporting technological innovation and industry upgrades [5][6] Group 3 - The China Securities Regulatory Commission (CSRC) is focused on further deepening reforms to enhance the capital market's attractiveness and inclusiveness, while also ensuring market stability [7] - Key reforms include promoting long-term capital inflow, improving the quality of listed companies, and enhancing investor returns through dividends and buybacks [6][7] - The CSRC plans to implement a series of measures to support the development of the Sci-Tech Innovation Board and the Growth Enterprise Market, aiming to attract more innovative companies [6][7]