证监会副主席李明：强化战略性力量储备和稳市机制建设，提升资本市场内在稳定性，坚决防止市场大起大落、急涨急跌

Core Viewpoint - The opening of the Shanghai Stock Exchange International Investors Conference emphasizes the resilience and potential of the Chinese economy, with a commitment to enhancing the capital market's inclusiveness and adaptability [1] Financing Side - The China Securities Regulatory Commission (CSRC) will deepen the reform of the two innovation boards and accelerate the implementation of the "1+6" policy measures for the Sci-Tech Innovation Board [1] - There will be a focus on the smooth operation of the Sci-Tech Growth Layer and the initiation of reforms for the Growth Enterprise Market [1] - The aim is to actively develop diverse equity financing options [1] Investment Side - The market ecosystem for long-term investments will be continuously improved, with efforts to implement plans that encourage long-term capital inflow [1] - There will be an expansion of the scale and proportion of equity investments from social security, insurance, and annuities [1] - Reforms in public funds will be deepened, and more index products suitable for long-term investment will be introduced [1] Market Stability - The CSRC aims to strengthen strategic reserves and market stabilization mechanisms to enhance the inherent stability of the capital market [1] - Measures will be taken to prevent significant market fluctuations [1] Future Outlook - The CSRC envisions an increasingly open capital market, with a commitment to market-oriented, legal, and international directions [1] - There will be efforts to improve the Qualified Foreign Institutional Investor (QFII) system and expand cross-border investment products [1] - The goal is to enhance the convenience for foreign institutions participating in the Chinese capital market [1]