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证监会:持续巩固资本市场回稳向好势头
第一财经·2025-08-29 12:35

Core Viewpoint - The article discusses the recent meeting held by the China Securities Regulatory Commission (CSRC) to plan the key tasks for the capital market during the 14th Five-Year Plan period, emphasizing the importance of implementing the "15th Five-Year Plan" for high-quality development of the capital market [3][5]. Summary by Sections Capital Market Development - The meeting highlighted the positive effects of various policies such as the "New National Nine Articles," "Science and Technology Innovation Board Eight Articles," and "Mergers and Acquisitions Six Articles," which have led to improved market fundamentals and increased confidence among market participants [4]. - There is a consensus on the need to enhance the multi-tiered capital market system, deepen institutional reforms, and improve market functions [4]. Recommendations for Future Planning - Suggestions include enhancing the quality and investment value of listed companies, fostering long-term capital, and promoting the entry of more medium- and long-term funds into the market [4]. - The need for a robust legal framework in key areas such as stocks, bonds, derivatives, and cross-border regulation was emphasized, along with strict measures against financial fraud and market manipulation [4]. Strategic Importance - The "15th Five-Year Plan" period is seen as crucial for achieving socialist modernization and high-quality development in the capital market [5]. - The CSRC aims to consolidate the positive momentum in the capital market and promote comprehensive reforms to enhance market attractiveness and inclusivity [5].