11月12日，一年一度的上海证券交易所国际投资者大会在上海开幕，今年的会议主题为"价值引领开放赋能——国际资本投资并 购新机遇"。 21世纪经济报道记者杨娜娜上海报道 以稳健业绩和持续回报增强投资价值；聚焦稳步扩大制度型开放，拓展跨境投融资渠道，丰富国际化产品体系，提升全球竞争 力与吸引力。同时，也将聚焦更好地统筹发展和安全，持续强化科技赋能监管和服务，完善全链条风险监测预警与处置机制， 为市场平稳运行和投资者权益保护提供坚实保障。 今年以来，上交所持续深化国际化业务布局，通过完善国际投资者对接机制、打造国际路演品牌、拓展全球路演活动等举措， 不断提升对国际投资者的服务水平，便利跨境资本投融资合作，推动制度型开放走深走实。 上海市常务副市长吴伟指出，站在"十四五"收官与"十五五"开局的交汇点上，上海将携手各界共同推动上海国际金融中心建设 再上新台阶。 "上海将通过高质量改革创新激发市场活力，做实金融'五篇大文章'，进一步提高金融服务实体经济质效；以更高水平对外开放 集聚全球投资者，深入打造市场化、法治化、国际化的一流营商环境，积极吸引更多境内外机构来沪展业；将更好地统筹开放 和安全，积极参与国际金融监管交流协 ...

Group 1 - The core viewpoint of the article emphasizes five new key tasks for China's opening-up strategy as outlined in the report of the 20th National Congress of the Communist Party of China, focusing on institutional opening, service trade, Belt and Road Initiative, free trade, and the internationalization of the Renminbi [1][2][3] Group 2 - The first task is to achieve the integration of internal and external circulation mechanisms, ensuring that the rules and standards for imports, exports, and domestic sales are consistent, thereby creating a unified trade system [1] - The second task is to increase the proportion of service trade in China's overall trade, highlighting that a strong service trade sector is essential for becoming a true trade power [1] - The third task involves enhancing the Belt and Road Initiative to promote coordinated opening among different regions of China, addressing the disparity between coastal and inland areas through improved trade routes [2] - The fourth task is to advance free trade by transforming China's free trade zones from isolated points into a network that covers over 30 provinces and cities, laying the groundwork for future economic cooperation with the US, Japan, and Europe [2] - The fifth task is to orderly promote the internationalization of the Renminbi, indicating that there is significant potential for growth in its international status, which requires further efforts in cross-border trade and the development of offshore markets [3]

Core Points - The Shanghai Stock Exchange (SSE) is focusing on fostering new productive forces by optimizing key systems such as issuance, refinancing, and mergers and acquisitions to guide capital towards cutting-edge technologies and future industries, promoting deep integration of technological and industrial innovation [3] - The SSE aims to cultivate a rational, value-oriented, and long-term investment ecosystem, encouraging more medium to long-term capital to enter the market and promoting dynamic balance in investment and financing [3] - The SSE is committed to enhancing corporate governance and information disclosure quality among listed companies, strengthening dividend and buyback policies to enhance investment value through stable performance and continuous returns [3] - The SSE plans to steadily expand institutional openness, broaden cross-border investment and financing channels, enrich the international product system, and enhance global competitiveness and attractiveness [3] - The SSE emphasizes better coordination of development and security, continuously strengthening technology-enabled regulation and services, and improving comprehensive risk monitoring, early warning, and disposal mechanisms to ensure market stability and protect investor rights [3]

Core Viewpoint - The Shanghai Stock Exchange (SSE) aims to enhance its role as a world-class exchange by focusing on risk prevention, strong regulation, and high-quality development, while promoting technological and industrial innovation [1] Group 1: Development Goals - SSE will optimize key systems such as issuance, refinancing, and mergers to direct capital towards advanced technologies and future industries [1] - The exchange will foster a rational, value-oriented, and long-term investment ecosystem to attract more medium to long-term capital [1] - SSE plans to improve corporate governance and information disclosure quality, emphasizing dividends and buybacks to enhance investment value [1] - The exchange will expand institutional openness and cross-border investment channels, enriching its international product system [1] Group 2: Achievements During the 14th Five-Year Plan - During the 14th Five-Year Plan, the total market value of the stock market exceeded 60 trillion yuan, with trading volume reaching 546 trillion yuan, marking increases of 40% and 96% respectively compared to the previous five-year period [2] - The Science and Technology Innovation Board (STAR Market) saw 379 new listings, with 22 previously unprofitable companies achieving profitability post-listing [2] - The STAR Market has become a preferred listing destination for hard-tech companies, with a total market value of approximately 10 trillion yuan [2] Group 3: Cross-Border Investment and Connectivity - SSE has deepened its cross-border investment mechanisms, enhancing international service levels and optimizing the Stock Connect program [3] - The Stock Connect program recorded a cumulative trading volume of 103 trillion yuan, a 288% increase from the previous five-year period [3] - The exchange has expanded its cross-border product offerings, with the scale of cross-border index products exceeding 320 billion yuan, increasing international influence [3]

Group 1 - The Shanghai Stock Exchange (SSE) aims to build a world-class exchange by focusing on risk prevention, strong regulation, and promoting high-quality development in line with the directives from the 20th Central Committee and the Central Financial Work Conference [1] - SSE will optimize key systems such as issuance, refinancing, and mergers and acquisitions to guide capital towards cutting-edge technologies, advanced manufacturing, and future industries, promoting deep integration of technological and industrial innovation [1] - SSE is committed to fostering a rational, value-oriented, and long-term investment ecosystem, encouraging more long-term capital to enter the market to promote dynamic balance in investment and financing [1] Group 2 - SSE will enhance the governance level and information disclosure quality of listed companies, strengthen dividend and buyback policies, and enhance investment value through stable performance and continuous returns [1] - SSE plans to gradually expand institutional openness, broaden cross-border investment and financing channels, enrich the international product system, and improve global competitiveness and attractiveness [1] - SSE emphasizes the importance of balancing development and security, continuously strengthening technology-enabled regulation and services, and improving risk monitoring, early warning, and disposal mechanisms to ensure market stability and protect investor rights [1][2]

责编：叶舒筠 校对： 杨立林 版权声明 证券时报各平台所有原创内容，未经书面授权，任何单位及个人不得转载。我社保留追 究相关 行 为主体 法律责任的权利。 转载与合作可联系证券时报小助理，微信ID：SecuritiesTimes 邱勇表示，将优化发行上市、再融资、并购重组等关键制度。 1 1月12日，在上交所国际投资者大会上，上交所理事长邱勇表示，展望"十五五"，上交所将深入贯彻党的二 十届四中全会、中央金融工作会议精神，在中国证监会的坚强领导下，紧扣防风险、强监管、促高质量发展主 线，坚持守正创新、稳中求进，加快建设世界一流交易所。 邱勇透露，上交所将聚焦催生新质生产力，通过优化发行上市、再融资、并购重组等关键制度，引导资本投向 前沿技术、先进制造和未来产业，推动科技创新和产业创新深度融合；聚焦培育理性投资、价值投资、长期投 资的指数化投资生态，引导更多中长期资金入市，促进投融资动态平衡；聚焦推动上市公司提升治理水平和信 息披露质量，强化分红回购，以稳健业绩和持续回报增强投资价值；聚焦稳步扩大制度型开放，拓展跨境投融 资渠道，丰富国际化产品体系，提升全球竞争力与吸引力。同时，也将聚焦更好统筹发展和安全，持续 ...

Core Viewpoint - The Shanghai Stock Exchange (SSE) is committed to enhancing its global competitiveness and attractiveness by focusing on risk prevention, strong regulation, and promoting high-quality development in line with national policies and guidelines [1]. Group 1: Strategic Focus Areas - SSE aims to foster new productive forces by optimizing key systems such as issuance, refinancing, and mergers and acquisitions, directing capital towards advanced technologies and future industries [1]. - The exchange is focused on cultivating a rational, value-oriented, and long-term investment ecosystem, encouraging more medium to long-term capital to enter the market [1]. - SSE plans to enhance corporate governance and information disclosure quality among listed companies, emphasizing dividends and buybacks to strengthen investment value through stable performance and continuous returns [1]. - The exchange is also set to expand institutional openness steadily, broaden cross-border investment channels, and enrich its international product system [1]. - SSE will prioritize the integration of development and security, continuously enhancing technology-enabled regulation and services, and improving risk monitoring and early warning mechanisms to ensure market stability and investor protection [1]. Group 2: Performance Metrics - During the "14th Five-Year Plan" period, the cumulative trading volume of the Shanghai-Hong Kong Stock Connect reached 103 trillion yuan, representing a 288% increase compared to the "13th Five-Year Plan" [2]. - A total of 10 new companies completed Global Depositary Receipt (GDR) issuances, raising a cumulative total of 3.35 billion USD [2].

Core Viewpoint - The Shanghai Stock Exchange (SSE) is committed to enhancing its global competitiveness and attractiveness by focusing on risk prevention, strong regulation, and promoting high-quality development in line with national policies [1] Group 1: Strategic Focus Areas - SSE aims to foster new productive forces by optimizing key systems such as issuance, refinancing, and mergers and acquisitions, directing capital towards cutting-edge technologies, advanced manufacturing, and future industries [1] - The exchange emphasizes cultivating a rational, value-oriented, and long-term investment ecosystem to attract more medium to long-term capital into the market, promoting a dynamic balance between investment and financing [1] - SSE is focused on improving corporate governance and information disclosure quality among listed companies, enhancing investment value through stable performance and continuous returns [1] Group 2: Internationalization and Risk Management - The SSE plans to steadily expand institutional openness, broaden cross-border investment and financing channels, and enrich its international product system [1] - The exchange will enhance its regulatory capabilities through technology, improving risk monitoring, early warning, and disposal mechanisms to ensure market stability and protect investor rights [1]

11月12日-13日，上交所国际投资者大会举行。上海证券交易所理事长邱勇表示，展望"十五五"，上交 所将深入贯彻党的二十届四中全会、中央金融工作会议精神，在中国证监会的坚强领导下，紧扣防风 险、强监管、促高质量发展主线，坚持守正创新、稳中求进，加快建设世界一流交易所。上交所将聚焦 催生新质生产力，通过优化发行上市、再融资、并购重组等关键制度，引导资本投向前沿技术、先进制 造和未来产业，推动科技创新和产业创新深度融合。聚焦培育理性投资、价值投资、长期投资的指数化 投资生态，引导更多中长期资金入市，促进投融资动态平衡。聚焦推动上市公司提升治理水平和信息披 露质量，强化分红回购，以稳健业绩和持续回报增强投资价值。聚焦稳步扩大制度型开放，拓展跨境投 融资渠道，丰富国际化产品体系，提升全球竞争力与吸引力。同时，我们也将聚焦更好统筹发展和安 全，持续强化科技赋能监管和服务，完善全链条风险监测预警与处置机制，为市场平稳运行和投资者权 益保护提供坚实保障。 责任编辑：常福强 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 登录新浪财经APP 搜索【信披】查看更多考评等级 专题：2025上海证券交易所 ...

Group 1 - The core message emphasizes China's commitment to providing 100% zero-tariff treatment on products for all least developed countries that have diplomatic relations with China, showcasing China's role in promoting global development and shared prosperity [1][2] - China has maintained its position as Africa's largest trading partner for 16 consecutive years, with a 10.8% increase in imports from African countries in the third quarter of this year [1] - The zero-tariff policy is a specific measure under China's broader strategy to expand high-level opening-up and is expected to enhance trade liberalization and economic globalization, contributing to global prosperity [2] Group 2 - The "14th Five-Year Plan" emphasizes expanding high-level opening-up and creating win-win cooperation, with zero-tariff policies being a concrete initiative to achieve these goals [2] - The introduction of zero-tariff measures is expected to enrich the Chinese market with diverse products, such as Ugandan coffee and Nepalese spices, while also promoting the development of related domestic industries [2]