Group 1 - The core viewpoint of the article emphasizes the importance of high-quality planning for the "15th Five-Year" capital market strategy, aligning with the directives from the central government and the need for comprehensive reform in the capital market [2][4] - During the discussion, participants acknowledged that the "14th Five-Year" period saw significant improvements in the capital market, particularly after the implementation of the new "National Nine Articles" and the "1+N" policy framework, which enhanced the market's foundational systems and regulatory logic [3] - Specific suggestions for the "15th Five-Year" capital market planning included deepening reforms in areas such as issuance, refinancing, and mergers and acquisitions, as well as enhancing the attractiveness and inclusivity of the capital market [3] Group 2 - The meeting highlighted the need for listed companies to strengthen their operations, increase dividend payouts, and enhance the role of institutional investors in corporate governance to improve the quality and investment value of listed companies [3] - There is a call for the development of high-quality securities and fund companies to create top-tier investment banks and institutions, alongside the promotion of high-quality development for intermediary institutions like accounting and law firms [3] - The discussion also pointed to the necessity of enriching the A-share market's product service system, including indices, ETFs, and derivatives, to better serve the wealth preservation and appreciation needs of residents [3]

来源：上海证券报·中国证券网 证监会有关司局负责同志参加座谈。 上证报中国证券网讯 据中国证监会9月30日消息，中国证监会党委书记、主席吴清在北京召开专题座谈 会，与部分上市公司、行业机构和中介机构代表、中国资本市场学会会员深入交流，充分听取意见建 议。 吴清强调，要深入学习贯彻即将召开的党的二十届四中全会精神，坚持党的全面领导，坚持人民至上， 坚持高质量发展，坚持全面深化改革，坚持有效市场和有为政府相结合，坚持统筹发展和安全，高质量 谋划和实施好"十五五"资本市场规划相关工作。以科创板、创业板"两创板"改革为抓手，进一步深化投 融资综合改革，全面推进实施新一轮资本市场改革开放，不断提升市场的吸引力、包容性和竞争力。上 市公司、行业机构和中介机构作为资本市场的重要参与主体，希望大家聚焦主业、强化功能、完善治 理，努力提升专业能力和市场声誉，持续涵养尊重投资者、回报投资者的市场文化，在资本市场改革发 展中实现自身高质量发展。 座谈中，大家一致认为，"十四五"时期，我国资本市场实现了量质齐升，特别是新"国九条"和资本市 场"1+N"政策体系发布实施以来，资本市场基础制度和监管底层逻辑得到全方位重构，多层次市场体系 ...

来源：证监会发布 证监会召开"十五五"资本市场规划上市公司和行业机构座谈会 吴清强调，要深入学习贯彻即将召开的党的二十届四中全会精神，坚持党的全面领导，坚持 人民至上，坚持高质量发展，坚持全面深化改革，坚持有效市场和有为政府相结合，坚持统 筹发展和安全，高质量谋划和实施好"十五五"资本市场规划相关工作。以科创板、创业板"两 创板"改革为抓手，进一步深化投融资综合改革，全面推进实施新一轮资本市场改革开放，不 断提升市场的吸引力、包容性和竞争力。上市公司、行业机构和中介机构作为资本市场的重 要参与主体，希望大家聚焦主业、强化功能、完善治理，努力提升专业能力和市场声誉，持 续涵养尊重投资者、回报投资者的市场文化，在资本市场改革发展中实现自身高质量发展。 证监会有关司局负责同志参加座谈。 les & FR 点击下载中国基金报客户端 ■ 中国基金报内容矩阵 ■ 为认真贯彻习近平总书记有关"十五五"规划编制工作的重要指示精神和9月29日中央政治局会 议精神，高质量做好"十五五"资本市场规划思路和举措谋划工作，证监会党委书记、主席吴 清在北京召开专题座谈会，与部分上市公司、行业机构和中介机构代表、中国资本市场学会 会员深入 ...

【大河财立方消息】为认真贯彻习近平总书记有关"十五五"规划编制工作的重要指示精神和9月29日中 央政治局会议精神，高质量做好"十五五"资本市场规划思路和举措谋划工作，证监会党委书记、主席吴 清在北京召开专题座谈会，与部分上市公司、行业机构和中介机构代表、中国资本市场学会会员深入交 流，充分听取意见建议。 吴清强调，要深入学习贯彻即将召开的党的二十届四中全会精神，坚持党的全面领导，坚持人民至上， 坚持高质量发展，坚持全面深化改革，坚持有效市场和有为政府相结合，坚持统筹发展和安全，高质量 谋划和实施好"十五五"资本市场规划相关工作。以科创板、创业板"两创板"改革为抓手，进一步深化投 融资综合改革，全面推进实施新一轮资本市场改革开放，不断提升市场的吸引力、包容性和竞争力。上 市公司、行业机构和中介机构作为资本市场的重要参与主体，希望大家聚焦主业、强化功能、完善治 理，努力提升专业能力和市场声誉，持续涵养尊重投资者、回报投资者的市场文化，在资本市场改革发 展中实现自身高质量发展。 座谈中，大家一致认为，"十四五"时期，我国资本市场实现了量质齐升，特别是新"国九条"和资本市 场"1+N"政策体系发布实施以来，资本市场基 ...

为认真贯彻习近平总书记有关"十五五"规划编制工作的重要指示精神和9月29日中央政治局会议精神，高质量 做好"十五五"资本市场规划思路和举措谋划工作，证监会党委书记、主席吴清在北京召开专题座谈会，与部分 上市公司、行业机构和中介机构代表、中国资本市场学会会员深入交流，充分听取意见建议。 座谈中，大家一致认为，"十四五"时期，我国资本市场实现了量质齐升，特别是新"国九条"和资本市 场"1+N"政策体系发布实施以来，资本市场基础制度和监管底层逻辑得到全方位重构，多层次市场体系更加完 备，市场功能不断健全，市场韧性明显增强，市场生态持续净化。会上，大家围绕如何做好"十五五"资本市场 规划、进一步全面深化资本市场改革提出了具体意见建议。主要包括：进一步深化发行上市、再融资、并购重 组等领域改革，完善政策执行机制，不断增强资本市场的吸引力和包容性；更大力度支持上市公司做优做强， 引导上市公司加大分红回购力度，进一步发挥机构投资者在上市公司治理中的作用，不断提升上市公司质量和 投资价值；支持优质证券基金公司等行业机构打造一流投资银行和投资机构，推动会计师、律师事务所等中介 机构高质量发展，加快提升综合实力和国际竞争力；进一 ...

Core Viewpoint - The article emphasizes the importance of high-quality planning for the "15th Five-Year" capital market, building on the achievements of the "14th Five-Year" period, and outlines specific recommendations for further reforms and improvements in the capital market [1][2][3]. Group 1: Achievements and Developments - During the "14th Five-Year" period, China's capital market has seen significant improvements in both quantity and quality, particularly following the implementation of the new "National Nine Articles" and the "1+N" policy framework [2]. - The foundational systems and regulatory logic of the capital market have been comprehensively restructured, leading to a more complete multi-level market system and enhanced market resilience [2]. Group 2: Recommendations for the "15th Five-Year" Plan - Suggestions include deepening reforms in areas such as issuance and listing, refinancing, and mergers and acquisitions, while improving policy execution mechanisms to enhance the attractiveness and inclusiveness of the capital market [2]. - There is a call for greater support for listed companies to improve their quality and investment value, including encouraging higher dividend payouts and share buybacks [2]. - The need to support high-quality securities and fund companies in building top-tier investment banks and institutions is highlighted, along with promoting the high-quality development of intermediary institutions like accounting and law firms [2]. Group 3: Strategic Focus and Governance - The article stresses the importance of adhering to the principles of comprehensive leadership, prioritizing people, and pursuing high-quality development in the planning and implementation of the "15th Five-Year" capital market strategy [3]. - It encourages listed companies, industry institutions, and intermediaries to focus on their core businesses, enhance their functions, and improve governance to elevate their professional capabilities and market reputation [3].

Core Viewpoint - The article emphasizes the importance of high-quality planning for the "15th Five-Year" capital market strategy, aligning with the directives from the central government and the recent political bureau meeting [2][4]. Group 1: Achievements and Developments - During the "14th Five-Year" period, China's capital market has experienced significant growth in both quantity and quality, particularly following the implementation of the new "National Nine Articles" and the "1+N" policy framework [3]. - The foundational systems and regulatory logic of the capital market have been comprehensively restructured, resulting in a more complete multi-level market system and enhanced market resilience [3]. Group 2: Recommendations for Future Planning - Suggestions for the "15th Five-Year" capital market planning include deepening reforms in areas such as issuance, refinancing, and mergers and acquisitions, while improving policy execution mechanisms to enhance market attractiveness and inclusivity [3]. - There is a call for greater support for listed companies to improve their performance, encouraging increased dividend payouts and share buybacks, and enhancing the role of institutional investors in corporate governance [3]. - The need to support high-quality securities and fund companies in building top-tier investment banks and institutions is highlighted, along with the importance of improving the quality and international competitiveness of intermediary institutions like accounting and law firms [3]. Group 3: Market Product and Service Enhancements - Recommendations also include enriching the A-share market product and service system, such as indices, ETFs, and derivatives, to better serve the preservation and appreciation of residents' wealth [3]. - There is an emphasis on improving cross-border investment and financing convenience, as well as enhancing the level of institutional openness in the capital market [3]. Group 4: Governance and Cultural Development - The article stresses the importance of companies, industry institutions, and intermediaries focusing on their core businesses, enhancing governance, and improving professional capabilities and market reputation [5]. - It advocates for fostering a market culture that respects and rewards investors, aiming for high-quality development within the capital market reform [5].

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the importance of consolidating the positive momentum of the capital market and planning key tasks for the "15th Five-Year Plan" period [1][2]. Group 1: Capital Market Development - The implementation of policies such as the "New National Nine Articles," "Science and Technology Innovation Board Eight Articles," and "Mergers and Acquisitions Six Articles" has led to significant improvements in the capital market, enhancing market expectations and confidence [2]. - The A-share market has shown signs of stabilization and recovery, with increased trading activity this year [2][4]. Group 2: Future Planning and Recommendations - Experts suggest enhancing the multi-tiered capital market system, deepening institutional reforms, and improving market functions [2]. - Recommendations include improving the quality and investment value of listed companies, fostering long-term capital, and establishing a robust legal framework for key areas of the capital market [2]. - The CSRC aims to promote high-level institutional opening of the capital market and support the return of high-quality overseas enterprises to the A-share market [2]. Group 3: Strategic Focus - The "15th Five-Year Plan" period is seen as crucial for achieving socialist modernization and high-quality development in the capital market [2][3]. - The CSRC plans to enhance market attractiveness and inclusiveness while advocating for long-term, value, and rational investment [3].

Core Viewpoint - The China Securities Regulatory Commission (CSRC) is focusing on the planning and implementation of the "14th Five-Year Plan" for the capital market, emphasizing the importance of expert opinions and suggestions for the upcoming "15th Five-Year Plan" [2][4]. Group 1: Capital Market Development - The implementation of policies such as the "New National Nine Articles," "Science and Technology Innovation Board Eight Articles," and "Mergers and Acquisitions Six Articles" has led to a noticeable improvement in market fundamentals and increased confidence among market participants [3]. - There is a consensus on the need to enhance the multi-tiered capital market system, deepen institutional reforms, and improve market functions [3]. - The focus is on increasing the quality and investment value of listed companies, fostering long-term capital, and encouraging more medium to long-term funds to enter the market [3]. Group 2: Regulatory and Legal Framework - There is a call for the establishment of comprehensive legal systems in key areas of the capital market, including stocks, bonds, derivatives, and cross-border regulation, along with a robust accountability system to combat financial fraud, market manipulation, and insider trading [3]. - The CSRC aims to steadily expand the high-level institutional opening of the capital market and optimize the Qualified Foreign Institutional Investor (QFII) system to support high-quality foreign enterprises returning to the A-share market [3]. Group 3: Future Planning and Strategy - The "15th Five-Year Plan" period is seen as a critical phase for achieving high-quality development in the capital market, with an emphasis on deepening investment and financing reforms [4]. - The CSRC plans to consolidate the positive momentum of the capital market and enhance its attractiveness and inclusiveness while promoting long-term, value, and rational investment concepts [4]. - Experts and scholars are encouraged to leverage their professional expertise and the platform of the China Capital Market Society to conduct research on significant strategic and foundational issues in the capital market [4].

Core Viewpoint - The China Securities Regulatory Commission (CSRC) is focusing on the planning and implementation of the "15th Five-Year Plan" for the capital market, emphasizing the importance of expert opinions and suggestions for enhancing the market's functionality and quality [2][4]. Summary by Sections Capital Market Development - The meeting highlighted the positive outcomes from the "14th Five-Year Plan" and recent policies such as the "New Nine Articles" and "Science and Technology Innovation Board" reforms, which have improved market confidence and activity [3]. - Suggestions for the "15th Five-Year Plan" include enhancing the multi-tiered capital market system, deepening institutional reforms, and increasing the quality and investment value of listed companies [3]. Regulatory and Legal Framework - There is a call for the establishment of comprehensive legal systems in key areas such as stocks, bonds, derivatives, and cross-border regulation, along with a robust accountability framework to combat financial fraud and market manipulation [3]. Open Market Strategy - The CSRC aims to steadily expand high-level institutional openness in the capital market, optimize the Qualified Foreign Institutional Investor (QFII) system, and support the return of high-quality overseas companies to the A-share market [3]. Future Directions - The CSRC emphasizes the need for high-quality planning and implementation of the "15th Five-Year Plan," aiming to solidify the capital market's recovery and enhance its attractiveness and inclusiveness [4]. - The focus will be on promoting long-term, value, and rational investment philosophies while leveraging the expertise of scholars and industry members for strategic research [4].