21社论丨持续创新制度设计，推动资本市场回稳向好

Group 1 - The core viewpoint of the article emphasizes the need to enhance the attractiveness and inclusiveness of China's capital market to stabilize and improve its performance [1][3][4] - Improving investment expectations is crucial for increasing market attractiveness, focusing on encouraging domestic and foreign capital to enter the market and enhancing the investment value of listed companies [1][2] - The article highlights the importance of a multi-layered capital market system to meet the diverse financing needs of different types and sizes of enterprises, ensuring support for various industries and protecting the rights of small investors [2][4] Group 2 - The recent improvement in the stock market, with the Shanghai Composite Index rising from a low of 3040 points to over 3600 points, indicates a recovery in investor confidence and supports the financing capabilities of enterprises [3][4] - The article suggests that consolidating the positive momentum of the capital market requires a combination of performance-driven and institutional reform measures, as well as the introduction of new financial tools to enhance market stability [4] - The ongoing international economic uncertainties necessitate a cautious approach to maintaining the capital market's stability, while the underlying economic fundamentals remain steady, providing a clearer logic for enhancing market stability and attractiveness through institutional optimization [4]