时报观察丨改革是资本市场最好的稳定器

Group 1 - The core viewpoint emphasizes the importance of reform as a stabilizer for the capital market, with a focus on enhancing market vitality and regulatory effectiveness [1] - The A-share market has shown resilience, with total market capitalization exceeding 100 trillion yuan on multiple trading days and the Shanghai Composite Index rising from 3,347 points at the beginning of the year to 3,593 points currently [1] - Future efforts will concentrate on promoting reforms to stabilize and activate the capital market, enhancing the attractiveness of Chinese assets [1] Group 2 - A stable, transparent, and predictable regulatory environment is crucial for the healthy development of the market, necessitating the establishment of effective market monitoring and risk response mechanisms [2] - There is a need to combat illegal activities in the capital market, ensuring that violators face significant consequences [2] - Despite complex internal and external challenges, the direction for high-quality economic development in China remains clear, with ongoing asset valuation recovery and the potential for a more stable market [2]