Core Points - The meeting emphasized the importance of adhering to the centralized and unified leadership of the Party Central Committee on financial work, and the commitment to advancing the construction of a financial power in line with Chinese characteristics [1][2] - The focus is on risk prevention, with a strong emphasis on maintaining a bottom line to prevent systemic financial risks, and enhancing mechanisms to address key areas of risk [2][3] - The meeting highlighted the need for high standards in learning and implementing the spirit of the 20th Central Committee's Fourth Plenary Session, ensuring that the outcomes of this learning translate into effective regulatory practices [3] Group 1 - The meeting called for a commitment to the primary responsibility of risk prevention, ensuring that systemic financial risks do not occur [2][3] - There is a need to enhance the regulatory framework, focusing on the five major regulatory areas to improve the foresight, precision, effectiveness, and coordination of financial regulation [2] - The meeting stressed the importance of aligning financial work with the economic and social development goals set for the 14th Five-Year Plan, ensuring that financial services support high-quality development [2][3] Group 2 - The meeting outlined the necessity for comprehensive and high-standard learning and implementation of the 20th Central Committee's Fourth Plenary Session spirit as a major political task [3] - It was emphasized that the learning outcomes should be transformed into practical results in regulatory practices, ensuring that the Party's decisions are fully implemented [3] - The meeting also discussed the importance of planning for the next year's work and the 15th Five-Year Plan to promote stable operation in the financial sector [3]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the importance of implementing the spirit of the 20th Central Committee's Fourth Plenary Session, focusing on enhancing the resilience and risk resistance of the capital market, and aligning actions with the central government's decisions [1][2][3] Group 1: Enhancing Market Resilience - The CSRC aims to cultivate high-quality listed companies and improve the market ecology for long-term investments, strengthening mechanisms for market stability [1][2] Group 2: Improving Market Inclusiveness and Adaptability - The focus is on deepening reforms in the Sci-Tech Innovation Board and the Growth Enterprise Market, while enhancing the functions of the New Third Board, private equity, and venture capital [2] Group 3: Strengthening Regulatory Effectiveness - The CSRC plans to intensify the crackdown on securities and futures violations, advancing digital and intelligent regulation to enhance investor protection [2] Group 4: Promoting Market Openness - The strategy includes advancing the opening of markets, products, and institutions while ensuring safety, and supporting Hong Kong's status as an international financial center [2] Group 5: Enhancing Party Discipline and Team Building - The CSRC emphasizes the importance of party discipline, continuous improvement of work styles, and the establishment of a robust regulatory team [2][3] Group 6: Strategic Planning for Future Development - The CSRC will prioritize learning and implementing the plenary session's spirit as a major political task, conducting research to plan strategic tasks for the 14th and 15th Five-Year Plans [3]

本报讯 （记者吴晓璐）据中国证监会网站消息，10月24日，中国证监会党委书记、主席吴清主持召开党委（扩大）会议， 认真传达学习党的二十届四中全会精神，按照金融系统学习贯彻党的二十届四中全会精神会议的工作要求，研究部署贯彻落实 举措。 会议认为，党的二十届四中全会是在我国即将胜利完成"十四五"主要目标任务，进入基本实现社会主义现代化夯实基础、 全面发力的关键时期召开的一次重要会议。习近平总书记在全会上的重要讲话高屋建瓴、思想深邃、视野宏阔，深刻回答了基 本实现社会主义现代化的一系列方向性、根本性重大问题，为今后五年我国发展指明了方向与路径，具有很强的政治性、思想 性、指导性。全会审议通过的《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》，科学分析了新时期世情国 情，对未来五年经济社会发展作出顶层设计和战略擘画，是乘势而上、接续推进中国式现代化建设的又一次总动员、总部署。 会议强调，证监会系统要认真贯彻落实习近平总书记重要讲话精神和全会决策部署，牢牢把握"六个坚持"，坚守监管的政 治性、人民性，紧扣防风险、强监管、促高质量发展的工作主线，进一步深化投融资综合改革，持续增强我国资本市场的包容 性、适应性 ...

同时，着力提高资本市场制度的包容性、适应性。深化科创板、创业板改革，充分发挥新三板、私募股 权和创业投资等多层次股权市场培育功能，强化债券和期货市场功能发挥。 此外，着力提升监管执法的有效性和震慑力；推动资本市场开放迈向更深层次、更高水平。加快建设世 界一流交易所，支持香港巩固提升国际金融中心地位。深化国际监管合作，切实提升开放环境下的风险 防控水平和监管能力。 文/王兆寰 编辑：麻晓超 10月24日晚间，证监会发布消息称，要进一步深化投融资综合改革，持续增强我国资本市场的包容性、 适应性和吸引力、竞争力，更好服务"十五五"发展目标和金融强国建设。 当天，中国证监会党委书记、主席吴清主持召开党委（扩大）会议，认真传达学习党的二十届四中全会 精神，研究部署贯彻落实举措。 会议强调，要着力增强资本市场的韧性和抗风险能力。培育和发展高质量的上市公司群体，完善"长钱 长投"的市场生态，加强长效化稳市机制建设，持续夯实市场稳定的内在基础。 ...

10月24日，中国证监会党委书记、主席吴清主持召开党委（扩大）会议，认真传达学习党的二十届四中 全会精神，按照金融系统学习贯彻党的二十届四中全会精神会议的工作要求，研究部署贯彻落实举措。 会议强调，证监会系统要认真贯彻落实习近平总书记重要讲话精神和全会决策部署，牢牢把握"六个坚 持"，坚守监管的政治性、人民性，紧扣防风险、强监管、促高质量发展的工作主线，进一步深化投融 资综合改革，持续增强我国资本市场的包容性、适应性和吸引力、竞争力，更好服务"十五五"发展目标 和金融强国建设。 具体来看：一是着力增强资本市场的韧性和抗风险能力。培育和发展高质量的上市公司群体，完善"长 钱长投"的市场生态，加强长效化稳市机制建设，持续夯实市场稳定的内在基础。 二是着力提高资本市场制度的包容性、适应性。深化科创板、创业板改革，充分发挥新三板、私募股权 和创业投资等多层次股权市场培育功能，强化债券和期货市场功能发挥。 三是着力提升监管执法的有效性和震慑力。突出打大打恶打重点，依法从严打击各类证券期货违法违规 活动，加快推进数字化、智能化监管，加强资本市场法治建设，不断提升监管效能和投资者权益保护质 效。 四是着力推动资本市场开放迈 ...

Core Viewpoint - The Chairman of the China Securities Regulatory Commission, Wu Qing, emphasizes the need to enhance the inclusiveness, adaptability, attractiveness, and competitiveness of China's capital market to better serve the "14th Five-Year Plan" development goals and the construction of a financial power [1] Group 1 - The focus is on strengthening the resilience and risk resistance capabilities of the capital market [1] - There is an emphasis on cultivating and developing a high-quality group of listed companies and improving the market ecology for long-term investment [1] - The establishment of long-term stabilization mechanisms is highlighted to solidify the internal foundation for market stability [1] Group 2 - The need to enhance the inclusiveness and adaptability of capital market systems is stressed [1] - Reforms of the Sci-Tech Innovation Board and the Growth Enterprise Market are to be deepened, with a focus on the nurturing functions of multi-tiered equity markets such as the New Third Board, private equity, and venture capital [1] - The effectiveness and deterrent power of regulatory enforcement will be improved, with a focus on cracking down on various illegal activities in securities and futures [1] Group 3 - The push for capital market openness includes orderly advancement of both market and product institutional openings [1] - There is a call to accelerate the construction of world-class exchanges [1]

Core Viewpoint - The People's Bank of China (PBOC) emphasizes the importance of maintaining stability in financial markets, including the stock, bond, and foreign exchange markets, while implementing the spirit of the 20th Central Committee of the Communist Party of China [3][5][6]. Group 1: Financial Policy and Governance - The PBOC will enhance the central bank system and promote key work initiatives to support economic stability and high-quality development [3][4]. - A scientific and prudent monetary policy framework will be established, balancing short-term and long-term goals, and ensuring the health of the financial sector while supporting economic growth [4][5]. - The PBOC aims to strengthen macro-prudential management and systemic financial risk prevention mechanisms, ensuring the smooth operation of financial markets [5][6]. Group 2: Capital Market Development - The China Securities Regulatory Commission (CSRC) is focused on enhancing the resilience and risk resistance of the capital market by fostering high-quality listed companies and improving market stability mechanisms [9][10]. - The CSRC will deepen reforms in various market segments, including the Sci-Tech Innovation Board and the Growth Enterprise Market, to enhance the inclusiveness and adaptability of capital market systems [9][10]. - The CSRC aims to promote deeper and higher-level capital market openness while ensuring regulatory effectiveness and investor protection [9][10]. Group 3: Financial Supervision and Risk Management - The National Financial Regulatory Administration emphasizes the need for strong regulatory measures to prevent systemic financial risks and enhance the effectiveness of financial supervision [11][12]. - The administration will focus on the integration of financial services with economic development goals, ensuring that financial systems support the national economic strategy [11][12]. - Continuous efforts will be made to promote a clean and transparent financial political environment, reinforcing the implementation of central policies [11][12].

Core Viewpoint - The meeting emphasized the importance of adhering to the centralized and unified leadership of the Party Central Committee in financial work, aiming to accelerate the construction of a strong financial nation and contribute to the decisive progress in achieving socialist modernization [1] Group 1: Financial Regulation and Risk Management - The meeting highlighted the primary responsibility of risk prevention, focusing on improving the system and mechanisms for preventing and resolving risks in key areas to effectively guard against systemic financial risks [1] - There is a commitment to strengthen regulatory responsibilities, enhancing the "five major regulations" to improve the foresight, precision, effectiveness, and coordination of financial supervision [1] Group 2: Economic and Financial Alignment - The meeting aims to align financial strategies with the economic and social development goals set for the "14th Five-Year Plan" period, continuously improving the adaptability of the economy and finance [1] Group 3: Party Governance and Integrity - The meeting stressed the need for deepening the comprehensive and strict governance of the Party, maintaining a clean and upright financial political ecology, and ensuring the implementation of the Party Central Committee's decisions and deployments [1]

Core Viewpoint - The article emphasizes the importance of the 20th Central Committee's Fourth Plenary Session in guiding China's economic and social development for the next five years, highlighting the need for the China Securities Regulatory Commission (CSRC) to align its actions with the central government's directives [2][3]. Group 1: Key Measures and Strategies - The CSRC aims to enhance the resilience and risk resistance of the capital market by fostering high-quality listed companies and establishing a stable market ecosystem [4]. - The focus will be on improving the inclusiveness and adaptability of capital market systems, including reforms in the Sci-Tech Innovation Board and the Growth Enterprise Market [4]. - The CSRC plans to increase the effectiveness and deterrence of regulatory enforcement by strictly combating various securities and futures violations [4]. - There is a commitment to advancing the opening of the capital market to a deeper and higher level, balancing openness with security, and enhancing international regulatory cooperation [4]. - Strengthening the party's integrity and the construction of the regulatory team is a priority, ensuring accountability and effective governance within the CSRC [5]. Group 2: Implementation and Training - The CSRC will prioritize the study and implementation of the Plenary Session's spirit as a major political task, organizing training and promoting understanding throughout the system [5]. - There will be a focus on aligning with the Plenary Session's directives, conducting thorough research, and planning strategic tasks for the capital market during the 15th Five-Year Plan [5]. - The CSRC is committed to achieving its annual work goals and ensuring a solid foundation for the high-quality development of the capital market in the upcoming 15th Five-Year Plan [5].

Core Viewpoint - The article emphasizes the importance of the 20th Central Committee's Fourth Plenary Session in guiding China's economic and social development for the next five years, highlighting the need for the China Securities Regulatory Commission (CSRC) to align its actions with the central government's directives [2][3]. Group 1: Key Measures for Capital Market Development - The CSRC aims to enhance the resilience and risk resistance of the capital market by fostering high-quality listed companies and establishing a stable market ecosystem [4]. - The focus will be on improving the inclusiveness and adaptability of capital market systems, including reforms in the Sci-Tech Innovation Board and the Growth Enterprise Market [5]. - The CSRC plans to enhance the effectiveness and deterrence of regulatory enforcement, targeting serious violations in the securities and futures markets [5]. - There is a commitment to advancing the opening of the capital market to a deeper and higher level, balancing openness with security, and supporting Hong Kong's status as an international financial center [5]. - Strengthening the party's integrity and the construction of the regulatory team within the CSRC is also a priority, ensuring accountability and effective governance [5]. Group 2: Implementation and Training - The CSRC will prioritize the study and implementation of the plenary session's spirit as a major political task, organizing training and enhancing the understanding of its significance across the system [6]. - There will be a focus on aligning with the plenary session's directives, conducting thorough research, and planning strategic tasks for the capital market during the 15th Five-Year Plan [6]. - The CSRC is committed to achieving its annual work goals and ensuring a solid foundation for the high-quality development of the capital market in the upcoming 15th Five-Year Plan [6].