吴清主席在国新办新闻发布会上答记者问

Core Viewpoint - The Chinese government is implementing a comprehensive set of financial policies to stabilize the market and manage expectations amid external economic pressures, particularly from U.S. tariff policies [3][4][6]. Group 1: Market Stability Measures - The Central Political Bureau emphasized the importance of maintaining a stable and active capital market, reflecting the government's commitment to market stability and vitality [4]. - The China Securities Regulatory Commission (CSRC) is actively monitoring market conditions and enhancing risk assessment to support market stability, including the role of the Central Huijin Investment Ltd. as a stabilizing force [4][6]. - A significant number of listed companies are engaging in stock buybacks and other measures to maintain stock price stability, demonstrating confidence in their value and future prospects [3][8]. Group 2: Support for Companies - The CSRC is focused on helping companies adapt to the impacts of U.S. tariffs, with measures including increased regulatory flexibility for affected firms and support for mergers and acquisitions [9][11]. - The commission has conducted extensive outreach to listed companies to address challenges, having visited 2,352 companies and resolved over 3,300 issues [9]. - The CSRC is revising regulations to facilitate corporate restructuring and enhance the ability of companies to navigate external pressures [9][12]. Group 3: Long-term Investment Strategies - The CSRC is promoting the entry of long-term capital into the market, with initiatives aimed at increasing the scale and proportion of long-term funds [5][14]. - The newly released action plan for public fund development aims to align fund management with investor interests, emphasizing long-term performance and stability [14][16]. - The growth of equity funds has been significant, with the scale increasing from 7 trillion yuan to 8.3 trillion yuan since September of the previous year, indicating a strong focus on equity investment [16][17]. Group 4: External Market Engagement - The CSRC is committed to enhancing the openness of the capital market, facilitating foreign investment participation, and optimizing the Qualified Foreign Institutional Investor (QFII) system [11][12]. - Despite external uncertainties, the strategic direction for high-quality economic development remains clear, bolstering foreign confidence in the Chinese capital market [12]. - The commission plans to expand institutional openness and product offerings, including futures and options for qualified foreign investors, to further integrate with global markets [12].