吴清：加力实施更具包容性的发行上市、并购重组制度

Core Viewpoint - The article emphasizes the need for enhancing the inclusiveness and adaptability of the capital market system in China, focusing on supporting technological innovation, meeting diverse investor needs, and improving regulatory efficiency and risk management [1] Group 1: Support for Technological Innovation - The capital market will implement more inclusive policies for issuance, listing, and mergers and acquisitions to support technology companies, which typically have high R&D costs, significant operational uncertainties, and long profit cycles [1] Group 2: Meeting Investor Needs - There is a commitment to prioritize investors by creating a multi-layered and comprehensive market system and product service matrix, while also expanding channels for long-term capital to enter the market, thereby enhancing investor satisfaction [1] Group 3: Regulatory Efficiency and Risk Management - The regulatory framework will be improved to keep pace with domestic and international market innovations, focusing on scientific and effective regulation, enhancing technology-driven oversight, and strengthening risk monitoring and response capabilities to stabilize and invigorate the capital market [1]