刚刚，吴清发表署名文章！

Core Viewpoint - The article emphasizes the need to enhance the inclusiveness and adaptability of China's capital market system as part of a comprehensive reform aimed at achieving high-quality development during the 14th Five-Year Plan period [1][2]. Group 1: Significance of Enhancing Capital Market Inclusiveness and Adaptability - The importance of improving the inclusiveness and adaptability of the capital market is underscored by various directives from the Chinese leadership, highlighting the need for a safe, transparent, and resilient capital market [3]. - The capital market is seen as a key driver for technological and industrial development, facilitating the optimization of innovation resources and improving overall productivity [4]. - Enhancing the capital market's inclusiveness is essential for ensuring that the benefits of economic development reach the broader population, with a focus on increasing the wealth management options for over 2 billion stock and fund investors [4]. - The capital market's development is crucial for building a financial powerhouse and improving its international competitiveness, as outlined in the new "National Nine Articles" [5]. Group 2: Key Tasks and Measures for the 14th Five-Year Plan - The article outlines six key measures to enhance the capital market's inclusiveness and adaptability, including the active development of direct financing through equity and bonds [9]. - There is a focus on cultivating more high-quality listed companies that meet development standards, enhancing the structure and investment value of listed firms [10]. - Creating a more attractive environment for long-term investments is emphasized, with initiatives aimed at increasing the scale and proportion of long-term capital in the A-share market [11]. - The need for improved regulatory effectiveness and scientific oversight is highlighted, with a call for the adoption of modern technologies to enhance risk monitoring and regulatory compliance [12]. - The article advocates for a gradual expansion of high-level institutional openness in the capital market, promoting efficient capital flow and resource allocation [12]. - A collaborative effort to create a standardized, inclusive, and vibrant capital market ecosystem is essential, with a focus on legal reforms and investor protection mechanisms [12].