Group 1 - The core viewpoint emphasizes the indispensable role of multi-level capital markets in promoting technological innovation and nurturing new productive forces, as highlighted by the Chairman of the China Securities Regulatory Commission (CSRC), Wu Qing, at the 2025 Financial Street Forum Annual Meeting [1][2] - The establishment of a multi-level capital market system in China, including the main board, Sci-Tech Innovation Board, Growth Enterprise Market, Beijing Stock Exchange, and New Third Board, is aimed at guiding resources towards innovation [2] - The CSRC plans to enhance the inclusivity and adaptability of capital markets for technological innovation by reforming both the financing and investment ends, ensuring a complementary market structure [2][3] Group 2 - Continuous reform is necessary for capital markets to effectively support technological innovation, enhancing market attractiveness and competitiveness to drive high-quality economic development [3] - New regulations for investor protection are being implemented to strengthen the mechanisms around issuance, delisting, and trading, which will enhance the stability of the capital market and allow investors to benefit from the high-quality development of listed companies [2]
时报观察丨以投融资综合改革为牵引 增强资本市场吸引力
证券时报·2025-10-27 23:59