Workflow
六方面重点任务!吴清:提高资本市场制度包容性、适应性
Xin Hua Cai Jing·2025-10-31 09:24

Core Viewpoint - The article emphasizes the importance of enhancing the inclusiveness and adaptability of China's capital market during the 14th Five-Year Plan period, outlining six key tasks to achieve this goal [1]. Group 1: Key Tasks for Capital Market Development - Actively develop direct financing through equity and bonds, focusing on reforms in the Sci-Tech Innovation Board and the Growth Enterprise Market to enhance service capabilities for real enterprises [2]. - Foster more high-quality listed companies by optimizing the structure of listed companies and enhancing their investment value, while also improving the mechanisms for mergers and acquisitions [3]. - Create a more attractive environment for long-term investments by establishing mechanisms that encourage the inflow and retention of long-term capital [3]. Group 2: Regulatory and Open Market Enhancements - Improve the scientific and effective nature of capital market regulation by adapting to rapid market changes and enhancing risk monitoring and response mechanisms [4]. - Gradually expand the high-level institutional openness of the capital market, promoting the coordinated development of onshore and offshore markets to enhance international competitiveness [4]. - Establish a standardized, inclusive, and vibrant capital market ecosystem by strengthening legal frameworks and investor protection mechanisms [5]. Group 3: Implementation of Inclusive Systems - Implement more inclusive issuance and listing systems to better support technological innovation and meet diverse investor wealth management needs [6][7]. - Enhance regulatory efficiency and risk prevention capabilities by leveraging technology to monitor market trends and ensure stability [7]. - Emphasize the political and people-oriented nature of capital market work, ensuring that reforms align with public needs and protect investors' rights [8].