Group 1 - The core viewpoint emphasizes the importance of practical research and innovation in advancing China's modernization and constructing an independent knowledge system [1][2] - The interconnection between practical innovation and institutional innovation is highlighted as a dynamic process that supports modernization and civilizational progress [1][2] - The necessity of enhancing research efforts at the grassroots level is stressed, as it serves as a critical foundation for decision-making and theoretical innovation [2] Group 2 - Summarizing China's economic development experiences and exploring institutional and value-based factors is identified as a significant task [3] - The achievements of China's rapid economic growth and long-term social stability since the establishment of the new China, particularly post-reform and opening up, are noted as remarkable contributions to global economic growth [3] - The need to articulate and elevate Chinese practices and theories to explain China's governance and guide its practices is emphasized, particularly in the context of misunderstandings from Western countries [3]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the importance of integrating Xi Jinping's financial theories and practices from his time in Fujian into the development of the capital market, aiming for high-quality financial growth and innovation in China's unique financial development path [1][2]. Group 1 - The meeting highlighted Xi Jinping's significant contributions to financial work during his 17.5 years in Fujian, which provide essential guidance for building a strong financial nation and advancing high-quality financial development [1]. - The CSRC aims to combine the study of Xi Jinping's financial theories with the implementation of important directives related to the capital market, focusing on practical actions and a proactive work style [1][2]. Group 2 - The CSRC stresses the need to balance political and professional aspects in capital market reforms, ensuring that the Party's leadership is integrated throughout the entire process of reform and development [2]. - The focus is on optimizing mechanisms for equity and debt financing, promoting efficient resource allocation to support technological and industrial innovation while protecting the interests of small investors [2]. - The CSRC plans to advance comprehensive reforms in the capital market, particularly through the "Two Innovation Boards," enhancing the attractiveness and competitiveness of the A-share market [2]. - Maintaining market stability is prioritized, with efforts to establish mechanisms for regular market stabilization and risk prevention in areas such as bond defaults and private equity funds [2].