吴清最新发声！高质量推进“十五五”资本市场规划的制定与实施

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the importance of high-quality development and comprehensive reform in the capital market during the "14th Five-Year Plan" period, focusing on enhancing market attractiveness and competitiveness [1][2] Group 1: Key Points from the Meeting - CSRC Chairman Wu Qing highlighted six principles for advancing the "14th Five-Year Plan" for the capital market, including adherence to the Party's leadership and a focus on high-quality development [1] - The meeting discussed the need for further reforms in areas such as issuance, refinancing, and mergers and acquisitions to enhance the capital market's appeal and inclusivity [1] - There is a call for listed companies to improve their quality and investment value by increasing dividends and share buybacks, while also enhancing the role of institutional investors in corporate governance [1] - The meeting proposed supporting high-quality securities and fund companies to develop into leading investment banks and institutions, while also promoting the high-quality development of intermediary institutions like accounting and law firms [1] - A focus on enriching the A-share market product system, including indices, ETFs, and derivatives, to better serve wealth preservation and growth for residents was emphasized [1] Group 2: Achievements During the "13th Five-Year Plan" - Representatives noted that during the "13th Five-Year Plan," China's capital market achieved both scale and quality improvements, particularly following the implementation of the new "National Nine Articles" and the "1+N" policy framework [2] - The foundational systems and regulatory logic of the capital market have undergone systematic restructuring, leading to a more robust multi-tiered market system and enhanced market resilience [2] - Continuous optimization of the market ecosystem has been observed, contributing to the overall health and functionality of the capital market [2]