一是坚持战略引领，认真做好"十五五"规划编制和实施。积极配合编制国家"十五五"规划纲要，科学制 定资本市场"十五五"规划体系，系统谋划未来五年资本市场发展主要目标、任务和重要举措，以钉钉子 精神抓好落实。 二是坚持固本强基，持续增强市场内在稳定性。积极培育高质量上市公司群体，开展新一轮公司治理专 项行动，引导优质公司持续加大分红回购力度。全面推动落实中长期资金长周期考核机制，大力发展权 益类公募基金，推动指数化投资高质量发展。加强跨市场跨行业跨境风险监测监控，强化逆周期跨周期 调节，健全长效化稳市机制。强化政策解读和预期引导，及时回应市场关注关切，压实行业机构、上市 公司的声誉管理责任，持续讲好"股市叙事"。 北京商报讯（记者 马换换 王蔓蕾）12月15日午间，中国证监会官网发文称，近日，中国证监会党委书 记、主席吴清主持召开党委（扩大）会议，传达学习中央经济工作会议精神，结合全国金融系统工作会 议要求，研究部署证监会系统贯彻落实举措。 会议强调，证监会系统要按照全国金融系统工作会议安排，坚持稳中求进、提质增效，紧扣防风险、强 监管、促高质量发展主线，持续深化资本市场投融资综合改革，更好助力稳就业、稳企业、稳 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the importance of capital market work as highlighted in the recent Central Economic Work Conference, aiming for high-quality economic development and stability in employment, enterprises, and market expectations [1] Group 1: Strategic Planning - The CSRC will actively participate in the formulation of the national "14th Five-Year" plan and establish a systematic framework for the capital market's development goals and tasks over the next five years [1] Group 2: Market Stability - The focus will be on cultivating a high-quality group of listed companies and enhancing corporate governance, encouraging companies to increase dividend payouts and share buybacks [2] - The CSRC aims to strengthen long-term funding mechanisms and promote the development of equity public funds and index investments [2] - There will be an emphasis on cross-market and cross-border risk monitoring and management, as well as improving the long-term stability mechanisms of the market [2] Group 3: Reform Initiatives - The CSRC plans to implement reforms in the ChiNext board and accelerate the rollout of the "1+6" reform measures for the Sci-Tech Innovation Board [2] - The development of private equity funds will be prioritized, along with the introduction of new key futures products and the pilot of commercial real estate REITs [2] - The CSRC will enhance the attractiveness of the capital market by optimizing the Qualified Foreign Institutional Investor (QFII) system and improving the efficiency of overseas listing filings [2] Group 4: Regulatory Enhancements - The CSRC will leverage technology to enhance regulatory effectiveness and combat financial fraud, insider trading, and market manipulation [2] - New regulations for listed companies will be introduced, and revisions to laws governing securities companies and investment funds will be actively pursued [2] Group 5: Internal Governance - The CSRC is committed to strengthening party discipline and oversight within its system, ensuring the party's leadership in capital market operations [3] - There will be a focus on enhancing the accountability and supervision of public power in key areas [3] - The CSRC aims to build a robust regulatory team that balances strict management with incentives [3] Group 6: Year-End Focus - The CSRC is tasked with ensuring the successful completion of the "14th Five-Year" capital market initiatives while maintaining risk prevention and stability [3]

四 是 坚持严监严管，切实提升监管执法效能。 强化科技赋能 监管 ，继续重拳惩治 财务造假、内幕 交易、市场操纵、挪用侵占私募基金财产等 证券期货违法违规行为。推动出台上市公司监管条例 ，积 极配合 修订证券公司、证券投资基金等重点领域 法律 法规。 近日，中国证监会党委书记、主席吴清主持召开党委（扩大）会议，传达学习中央经济工作会议精神， 结合全国金融系统工作会议要求，研究部署证监会系统贯彻落实举措。 会议强调， 这次中央经济工作会议对资本市场工作作出重要部署，充分体现了党中央对资本市场的高 度重视和殷切期望 。证监会系统要深入学习贯彻习近平总书记重要讲话精神，认真落实中央经济工作 会议部署，按照全国金融系统工作会议安排，坚持稳中求进 、提质增效 ，紧扣防风险、强监管、促高 质量发展主线，持续深化资本市场投融资综合改革，更好助力稳就业、稳企业、稳市场、稳预期，为 经济高质量发展和 "十五五"良好开局积极贡献力量。 一是 坚持战略引领，认真做好"十五五"规划编制和实施。 积极配合编制国家"十五五"规划纲要，科 学制定资本市场"十五五"规划体系，系统谋划未来五年资本市场发展主要目标、任务和重要举措 ， 以 钉钉 ...

近日，中国证监会党委书记、主席吴清主持召开党委（扩大）会议，传达学习中央经济工作会 议精神，结合全国金融系统工作会议要求，研究部署证监会系统贯彻落实举措。 会议认为，习近平总书记在中央经济工作会议上的重要讲话举旗定向、统揽全局，思想深邃、 内涵丰富，全面总结今年和"十四五"时期经济工作，深刻分析当前国内外形势，深化提出"五 个必须"的规律性认识，系统部署明年经济工作的总体要求、政策取向和重点任务，为做好明 年和今后一个时期的经济工作指明了方向、提供了根本遵循。李强总理的讲话对深入贯彻落实 习近平总书记重要讲话精神，扎实做好明年经济工作提出了明确要求。全国金融系统工作会议 对做好2026年金融重点工作作了安排部署。证监会系统要认真学习领会，深刻认识中央经济工 作会议的精神实质，切实把思想和行动统一到党中央对形势的科学判断和决策部署上来。 会议指出，今年以来，以习近平同志为核心的党中央团结带领全党全国各族人民迎难而上、奋 力拼搏，我国经济顶压前行、向新向优发展，"十四五"经济社会发展主要目标将顺利完成。这 一系列成绩的取得，根本在于习近平总书记的掌舵领航，在于习近平新时代中国特色社会主义 思想的科学指引。必须更加 ...

来源：证监会网站 三是坚持改革攻坚，不断提高资本市场制度包容性吸引力。启动实施深化创业板改革，加快科创 板"1+6"改革举措落地。推动私募基金行业高质量发展，尽快落地商业不动产REITs试点，研究推出新的 重点期货品种。坚持扶优限劣，加快打造一流投资银行和投资机构。稳步扩大制度型开放，优化合格境 外投资者制度和互联互通机制，提高境外上市备案质效。 中国证监会党委传达学习贯彻中央经济工作会议精神 近日，中国证监会党委书记、主席吴清主持召开党委（扩大）会议，传达学习中央经济工作会议精神， 结合全国金融系统工作会议要求，研究部署证监会系统贯彻落实举措。 会议认为，习近平总书记在中央经济工作会议上的重要讲话举旗定向、统揽全局，思想深邃、内涵丰 富，全面总结今年和"十四五"时期经济工作，深刻分析当前国内外形势，深化提出"五个必须"的规律性 认识，系统部署明年经济工作的总体要求、政策取向和重点任务，为做好明年和今后一个时期的经济工 作指明了方向、提供了根本遵循。李强总理的讲话对深入贯彻落实习近平总书记重要讲话精神，扎实做 好明年经济工作提出了明确要求。全国金融系统工作会议对做好2026年金融重点工作作了安排部署。证 监会 ...

Core Viewpoint - The article emphasizes the importance of the Central Economic Work Conference and its implications for the capital market, highlighting the need for the China Securities Regulatory Commission (CSRC) to align its actions with the directives from the central government to ensure economic stability and quality development [1][2]. Group 1: Economic Development and Policy Direction - The meeting acknowledges that under the leadership of the Communist Party of China, the economy has made significant progress despite challenges, with the main goals of the 14th Five-Year Plan expected to be achieved [2]. - The conference outlines the necessity for the CSRC to deeply understand and implement the spirit of the central economic work meeting, focusing on risk prevention, strong regulation, and promoting high-quality development [2][3]. Group 2: Strategic Planning and Market Stability - The CSRC is tasked with actively participating in the formulation of the 15th Five-Year Plan, establishing a comprehensive planning system for capital market development over the next five years [3]. - There is a commitment to enhancing the internal stability of the market by fostering high-quality listed companies and promoting long-term investment mechanisms [3][4]. Group 3: Reform and Regulation - The article discusses the need for ongoing reforms to improve the inclusiveness and attractiveness of the capital market, including the implementation of reforms in the ChiNext and the introduction of new futures products [3][4]. - Strengthening regulatory enforcement is highlighted as a priority, with a focus on combating financial fraud and ensuring compliance with securities laws [4]. Group 4: Year-End Work and Risk Management - The CSRC is urged to ensure the successful completion of the 14th Five-Year capital market tasks and to maintain a strong focus on risk prevention and stability as the year comes to a close [5].

Core Insights - The "15th Five-Year Plan" period is crucial for achieving socialist modernization and advancing high-quality financial development, with a focus on adapting to complex changes in the operating environment [1][2] - The international order is undergoing a paradigm shift, impacting domestic development and requiring financial institutions to enhance resilience and adaptability [2][3] Financial Environment Changes - The global development and governance landscape is shifting from a "superpower-led globalization" to a "camp-based, fragmented, and multi-polar balance," necessitating a reevaluation of financial strategies [2][3] - The transition from vertical to horizontal global trade structures is reshaping the profit transmission mechanisms, with emerging economies like China breaking the monopoly of developed nations in high-value segments [3] Low-Interest Rate Impact - A prolonged low-interest rate environment is driving a shift in banking operations from "scale-driven" to "capability-building," emphasizing customer service and innovative financial products [5][7] - Direct financing is gaining traction, with a notable increase in its share compared to indirect financing, indicating a structural change in the financial market [6] Technological Transformation - Technological innovation is becoming a dominant force in reshaping financial paradigms, with AI emerging as a core component of financial services [8][9] - The evolution of financial infrastructure is closely tied to advancements in technology, leading to a systemic transformation in financial assets and services [9][10] Demographic Changes - Population structure changes, particularly aging, are significantly impacting financial factors, including savings rates and investment preferences [11][12] - Financial institutions must adapt to the needs of an aging population by offering tailored wealth management and integrated services [12] Client Demand Evolution - The demand from leading enterprises is shifting towards capital-intensive, specialized, and customized financial services, particularly in technology sectors [13][14] - The rise of lightweight enterprises and digital economy models necessitates a rethinking of service strategies, focusing on data-driven credit models and streamlined online services [14] Strategic Focus for Financial Institutions - Financial institutions should align with national strategies and adapt to trends in international order, technology, demographics, and client needs to enhance competitiveness and service effectiveness [15]

12月1日上午，市委宣讲团成员，东南大学人文学院副教授孙峰走进新农集团宣讲党的二十届四中 全会精神。孙峰围绕"十四五"时期我国发展取得的重大成就，"十五五"时期经济社会发展的指导思想、 主要目标、重大原则、战略任务、重大举措、根本保障等方面内容，结合国资国企定位，详细解读"十 五五"规划建议具体内容。与会人员表示，要持续学习贯彻全会精神，聚焦主责主业，在粮油储备与经 营、现代农业经营与服务、涉农资产资源综合开发与运营管理等方面发挥作用，为南京现代都市农业建 设、推进乡村全面振兴贡献新农力量。 12月1日，市委宣讲团成员，南京航空航天大学经济与管理学院教授袁潮清走进紫金投资集团和市 国资集团宣讲党的二十届四中全会精神。袁潮清从党的二十届四中全会的重大意义、"十四五"时期我国 发展取得的重大成就、"十五五"时期国内外形势，以及"十五五"时期经济社会发展的指导思想、主要目 标、重大原则、战略任务、重大举措、根本保障等方面，结合南京实际，对全会精神进行了全面系统的 宣讲。与会人员一致表示，学习好、贯彻好全会精神，是当前和今后一个时期的重大政治任务，要在深 学细悟上下功夫，立足南京城市发展战略，全力推动我市经济高质量发 ...

Group 1 - The core viewpoint of the articles emphasizes the significance of the recent municipal conference in Zhengzhou, which aligns with the strategic directives from the central and provincial governments, marking a milestone in the city's development as a modern national central city [1][2] - The conference highlighted the achievements during the "14th Five-Year Plan" period, noting that Zhengzhou's GDP ranked first among northern provincial capitals and 16th among national trillion-yuan cities, with a population exceeding 13 million [1] - The city has been recognized as a pilot city for comprehensive reform in the market-oriented allocation of factors, indicating a significant upgrade in urban development capabilities [1] Group 2 - Looking ahead to the "15th Five-Year Plan," the conference outlined ambitious goals, including accelerating the construction of a national central city and making substantial progress towards socialist modernization [2] - The Development and Reform Commission is tasked with integrating the conference's directives with the broader strategic goals set by the central and provincial leadership, ensuring that the plans are actionable and implementable [2] - A focus on strategic, foundational, and leading major engineering projects is emphasized to ensure the successful execution of the "15th Five-Year Plan" [2]

Group 1 - The core viewpoint emphasizes the need for China to implement a moderately loose monetary policy to stimulate domestic demand and investment, while also addressing international economic challenges [1][2] - The meeting highlighted the importance of achieving a strong economic foundation in 2026, which is the beginning of the "14th Five-Year Plan," to instill confidence in future economic growth [1] - The global economic downturn is a significant concern, with many countries experiencing slowed growth or negative growth, prompting governments to support central banks in implementing loose monetary policies [1][2] Group 2 - The focus should be on boosting domestic demand and stabilizing growth through monetary policy that supports consumption and investment recovery, including lowering benchmark interest rates [2] - Optimizing credit structure and supporting key sectors is crucial, with an emphasis on directing funds to weak areas of the real economy and strategic sectors like technology innovation and green transformation [2][3] - Financial risk prevention and market stability are essential, requiring macro-prudential management to avoid excessive loosening that could lead to asset bubbles or currency fluctuations [3] - Enhancing policy transmission efficiency and improving financial infrastructure are necessary to ensure that monetary policy effectively reaches the real economy, particularly for small and medium-sized enterprises [3]