证监会，最新发声

Core Viewpoint - The China Securities Regulatory Commission (CSRC) is focused on enhancing the institutional environment for long-term investments and increasing the scale of medium to long-term capital entering the market, while ensuring high-quality development and effective regulation [1][3]. Group 1: Policy Implementation - The CSRC is actively implementing the new "National Nine Articles" and the "1+N" policy framework to facilitate the entry of long-term capital into the market, achieving significant progress [1]. - As of the end of last year, various medium to long-term funds held approximately 23 trillion yuan in A-share market capitalization, representing a 36% increase from the beginning of the year [3]. Group 2: Regulatory Focus - The CSRC emphasizes the importance of risk prevention, strong regulation, and promoting high-quality development during the 14th Five-Year Plan period, aiming to enhance the effectiveness of regulatory enforcement [5]. - The commission plans to strictly punish various malicious illegal activities, focusing on significant cases to enhance investor trust and confidence [5]. Group 3: Investment Environment - The CSRC aims to optimize the arrangements for qualified foreign institutional investors to attract and retain diverse capital, ensuring a conducive environment for development [3]. - The scale of equity funds has increased from approximately 8.4 trillion yuan at the beginning of the year to around 11 trillion yuan [3].