Core Viewpoint - The China Securities Regulatory Commission (CSRC) is committed to advancing the "14th Five-Year Plan" for the capital market, focusing on risk prevention, strong regulation, and promoting high-quality development [1][3]. Group 1: Establishment of Academic Committee - The establishment of the Academic Committee is a significant step for the China Capital Market Society to enhance theoretical research and serve as a think tank platform [2]. - Strengthening theoretical research in the capital market is essential for understanding the development laws of the capital market and promoting high-quality development [2]. - The committee aims to create a robust theoretical framework that aligns with market principles and China's realities, focusing on issues like market inclusivity, pricing efficiency, and legal construction [2]. Group 2: Expert Opinions and Suggestions - Experts believe that the "14th Five-Year Plan" period has established a stable development trend for the capital market, and the "15th Five-Year Plan" will be crucial for enhancing quality and functionality [3]. - Suggestions for the "15th Five-Year Plan" include improving the inclusivity and adaptability of listing and trading systems to attract high-quality enterprises from emerging sectors [3]. - There is a call to expand patient, long-term, and strategic capital supply, actively engage in mergers and acquisitions, and strengthen investor protection and education [3].

Group 1 - The establishment of the China Capital Market Society marks the creation of an official think tank and advisory group for the Chinese capital market [2][3] - The society aims to enhance academic research and provide recommendations for national capital market decision-making, focusing on the essence of China's capital market [6][8] - The society will serve as a national, non-profit organization that brings together resources from various sectors, including financial institutions, universities, and regulatory bodies [6][7] Group 2 - Direct financing has surpassed 100 trillion RMB, accounting for over 30% of social financing as of 2022, highlighting the increasing importance of capital markets in national economic development [5] - The society will establish a new academic journal titled "Capital Market Research" to address the lack of high-standard publications in the capital market field [8][9] - The chairman of the China Securities Regulatory Commission emphasized the importance of maintaining financial stability and security within the capital market [9]