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全力巩固市场回稳向好态势!证监会,最新部署!吴清发声
证券时报·2025-07-25 08:56

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the importance of maintaining market stability and promoting high-quality economic development through a series of regulatory reforms and measures aimed at enhancing the resilience and vitality of the capital market [2][6][9]. Group 1: Market Stability and Regulation - The CSRC identifies the need for a stable market environment, strong regulation, effective functions, and a competent workforce as key focus areas to enhance market stability and vitality [2][9]. - There is a commitment to consolidating the positive trend of market recovery by improving market stabilization mechanisms and enhancing the effectiveness and foresight of market monitoring and risk response [2][9]. - The CSRC aims to deepen reforms to stimulate the vitality of multi-level markets, including the implementation of reforms for the Sci-Tech Innovation Board and a comprehensive package of measures for the Growth Enterprise Market [2][9]. Group 2: Enhancing Corporate Governance and Investment Value - The CSRC plans to promote the enhancement of investment value among listed companies and ensure the effective implementation of major asset restructuring management measures while preventing conflicts of interest and financial fraud [2][9][10]. - There is a focus on fostering long-term and patient capital by encouraging the entry of medium- and long-term funds into the market and advancing public fund reforms [2][9]. Group 3: Risk Prevention and Management - The CSRC emphasizes the need for precise prevention and control of risks in key areas of the capital market, including addressing bond defaults in real estate companies and supporting the transformation of financing platforms [3][10]. - The regulatory body is committed to combating illegal activities in private equity and securities trading to ensure a safer market environment [3][10]. Group 4: Open Market and International Cooperation - The CSRC is working on advancing a high-level institutional opening of the capital market, focusing on improving the overall layout and implementation paths for capital market openness [3][10]. - Efforts are being made to promote coordinated development between onshore and offshore markets and to expand new areas of cross-border cooperation in the capital market [3][10]. Group 5: Strengthening Regulatory Effectiveness - The CSRC aims to enhance the effectiveness of regulatory enforcement by focusing on major violations and improving collaborative regulatory efforts [2][10]. - There is a commitment to increasing the use of technology in regulation to improve the quality and effectiveness of enforcement actions against market violations [2][10].