“十五五”规划建议全文发布，资本市场五年发展重点明确

Group 1 - The core viewpoint of the news is the emphasis on enhancing the inclusiveness and adaptability of the capital market, as well as establishing a well-functioning capital market that coordinates investment and financing [1] - The "15th Five-Year Plan" outlines the development priorities for the capital market over the next five years, focusing on direct financing through equity and bonds, and the steady development of futures, derivatives, and asset securitization [1] - The China Securities Regulatory Commission (CSRC) has introduced detailed measures to implement these priorities, including reforms in various market segments such as the Sci-Tech Innovation Board and the Growth Enterprise Market [2] Group 2 - A key focus is on deepening the reform of market segments to enhance the inclusiveness and coverage of the multi-tiered market system, with specific measures for the Sci-Tech Innovation Board and the Growth Enterprise Market [2] - The CSRC aims to solidify the internal foundation for market stability by promoting high-quality listed companies and expanding support channels for mergers and acquisitions [3] - The introduction of the Qualified Foreign Institutional Investor (QFII) system optimization plan aims to enhance foreign investment access and operational efficiency, fostering a new development pattern of coordinated onshore and offshore markets [4] Group 3 - The CSRC has released measures to strengthen investor protection, focusing on enhancing the fairness of trading environments and improving service levels for industry institutions [5] - The first batch of newly registered companies on the Sci-Tech Innovation Board's Growth Layer was listed, marking a significant step in the implementation of the new registration system [5] - The CSRC is committed to a comprehensive reform and opening-up of the capital market, aiming to enhance its inclusiveness, adaptability, and competitiveness to better serve national development goals [5]