Core Insights - The article discusses the need for a systematic solution to enhance China's asset securitization rate, which is currently low compared to the U.S. stock market [1][2] Group 1: Current Market Analysis - China's total stock market capitalization is approximately 80% of its GDP, significantly lower than the U.S. market, which is about 200% of its GDP, indicating substantial growth potential [1] - The U.S. stock market's development is supported by the unique status of the U.S. dollar as the world's reserve currency, its global leadership in scientific innovation, and the presence of multinational corporations [1] Group 2: Recommendations for Improvement - The first recommendation is to steadily advance the internationalization of the Renminbi, aiming to establish China as a true global trade and financial center [1] - The second recommendation focuses on cultivating the global operational capabilities of Chinese companies, encouraging more firms to become genuine multinational corporations like Huawei [1] - Emphasis is placed on the importance of improving investor protection systems and enhancing the effectiveness of industrial policies as part of a comprehensive approach to increase asset securitization [2] Group 3: Long-term Strategy - The article concludes that a multi-faceted, long-term effort is necessary to steadily improve China's asset securitization rate, allowing the capital market to play a more significant role in the national economic landscape [2]