合力提升资本市场内在稳定性

Group 1 - The core viewpoint emphasizes the importance of enhancing the inherent stability of the capital market to prevent significant fluctuations and align with the strategic deployment of building a financial powerhouse in China [1] - The recent International Investor Conference highlighted the need for comprehensive financial regulation, improved institutional mechanisms, and enhanced regulatory capabilities to ensure stable market operations [1] - The capital market in China has shown significant progress, with expanding market size, active product innovation, and improved returns for listed companies, while also steadily advancing in terms of openness [1] Group 2 - A long-term, collaborative institutional framework is essential for enhancing capital market stability, focusing on solid foundational systems, guiding long-term capital into the market, and strengthening regulatory enforcement [2] - The quality and effectiveness of information disclosure are critical for stable market operations, evolving towards a combination of simplified and detailed disclosures to provide relevant and readable information [2] - The regulatory focus is on promoting long-term capital to mitigate short-term speculative activities, with policies aimed at increasing the scale of equity capital from social security and insurance [2] Group 3 - The stability of the market relies on the improvement and effective execution of regulatory systems, with ongoing optimization of the top-level design of capital market regulation since the 14th Five-Year Plan [3] - Despite the introduction of stringent regulatory policies, there is a need to enhance the comprehensive accountability system across civil, administrative, and criminal aspects [3] - Strengthening information disclosure to enhance market transparency and maintaining a high-pressure stance against illegal activities are crucial for preventing significant market fluctuations [3]