Core Viewpoint - The Shanghai Stock Exchange (SSE) aims to build a world-class exchange by focusing on fostering new productive forces, optimizing key systems for issuance, refinancing, and mergers, and guiding capital towards advanced technologies and future industries, while promoting a market ecosystem that encourages rational, value, and long-term investments [1][7]. Group 1: Market Reform and Economic Development - During the "14th Five-Year Plan" period, the SSE has implemented significant reforms such as the establishment of the Sci-Tech Innovation Board and the registration system, leading to a steady increase in market scale and quality [3]. - The total market capitalization of the stock market exceeded 60 trillion yuan, with a trading volume of 546 trillion yuan, representing growth of 40% and 96% respectively compared to the "13th Five-Year Plan" [3]. - The bond custody volume reached 19.1 trillion yuan, growing by 44%, making it the largest bond market among global exchanges [3]. Group 2: Enhancing Company Quality and Investment Coordination - The SSE has initiated actions to improve the quality of listed companies, with average annual growth rates of 3.8% in revenue and 4.6% in net profit during the "14th Five-Year Plan" [4][5]. - The total amount of dividends and buybacks by listed companies exceeded 7.6 trillion yuan, accounting for over 70% of the total market dividends, with a growth of 51.2% [5]. - The SSE has promoted a new ecosystem for long-term investments, with the ETF product scale increasing from 0.9 trillion yuan to 4.1 trillion yuan, reflecting an annual growth rate of 35% [5]. Group 3: Internationalization and Open Market - The SSE has enhanced its cross-border investment products and international service levels, with the cumulative trading volume of the Shanghai-Hong Kong Stock Connect reaching 103 trillion yuan, a growth of 288% [6]. - The SSE has introduced new cross-border index products, with the scale exceeding 320 billion yuan, enhancing international influence [6]. - The SSE has been actively engaging with international investors and institutions, promoting a diversified development of international investment in the Chinese capital market [6]. Group 4: Future Outlook - Looking ahead to the "15th Five-Year Plan," the SSE will focus on risk prevention, strong regulation, and promoting high-quality development, while enhancing governance and information disclosure among listed companies [7][8]. - The SSE aims to create a more open and inclusive market ecosystem, providing diverse products and efficient services to attract global investors [8].
上交所理事长邱勇：“十五五”将聚焦催生新质生产力 引导资本与产业创新深度融合
智通财经网·2025-11-12 10:38