赵子忠：资本市场归根结底是“投资的市场”

Group 1 - The core theme of the "2025 Securities Market Annual Conference" is "Reform and Innovation in Capital Market" aimed at promoting high-quality development of China's capital market [1][2] - The upcoming "15th Five-Year Plan" emphasizes enhancing the inclusiveness and adaptability of the capital market, guiding the reform and development of the capital market [2][3] Group 2 - There is a focus on deepening reforms to enhance the capital market's inclusiveness towards new industries, new business formats, and new technologies, which is essential for the development of new productive forces [3] - The importance of cultivating more high-quality listed companies is highlighted, as they are fundamental to the capital market's development and its ability to serve economic and social growth [4] - There is a call for listed companies to adopt an "investor-centric" development philosophy, ensuring reasonable returns for investors, which is crucial for market confidence and the quality of capital market development [5]