吴清最新发声，创投迎新机

Core Viewpoint - The article emphasizes the importance of enhancing the inclusiveness and adaptability of the capital market during the "15th Five-Year Plan" period, focusing on supporting high-quality development and improving investor experience [3][7]. Summary by Sections Key Tasks - Actively develop direct financing through equity and bonds, with a focus on deepening reforms in the Sci-Tech Innovation Board and the Growth Enterprise Market to support quality enterprises in issuing and listing [4][12]. - Foster more high-quality listed companies by enhancing merger and acquisition reforms, improving refinancing mechanisms, and encouraging cash dividends and share buybacks [4][12]. - Create a more attractive environment for long-term investments by establishing long-term assessment mechanisms for various funds and promoting the development of public funds and private equity [5][13]. - Enhance the scientific and effective regulation of the capital market, improving monitoring and risk response mechanisms to ensure market stability [5][14]. - Gradually expand the high-level institutional opening of the capital market, facilitating the use of both domestic and international markets and resources [5][14]. - Build a standardized, inclusive, and vibrant capital market ecosystem, strengthening legal frameworks and investor protection mechanisms [5][15]. Market Conditions - The capital market has a solid foundation for stable and healthy operation, supported by a resilient economy and a strong potential for long-term growth [6][7]. - The overall market has shown a recovery trend since the implementation of the new policies, with expectations for investor cash dividends reaching 2.4 trillion yuan in 2024 [7]. Specific Measures - Support technological innovation by adapting to the characteristics of tech enterprises, implementing more inclusive listing and merger systems [8][12]. - Meet diverse wealth management needs of investors by creating a multi-layered market system and expanding channels for long-term funds [8][10]. - Strengthen regulatory effectiveness by keeping pace with domestic and international market trends and enhancing risk monitoring capabilities [8][10].