Group 1 - The core viewpoint emphasizes the importance of the capital market in supporting economic stability and high-quality development, as highlighted by the Central Economic Work Conference [2][4] - The China Securities Regulatory Commission (CSRC) will actively cooperate in formulating the national "14th Five-Year" plan, focusing on the systematic design of the capital market's development framework [4][6] - The planning will outline the main goals, tasks, and significant measures for the capital market over the next five years, aligning with national strategic needs [5][6] Group 2 - The CSRC aims to enhance the internal resilience of the capital market by strengthening foundational aspects and improving market stability [7][8] - Key initiatives include fostering high-quality listed companies, promoting long-term investment mechanisms, and enhancing risk monitoring across markets [8][10] - The management of market expectations will be prioritized, with a focus on policy interpretation and reputation management for industry institutions and listed companies [8][10] Group 3 - The CSRC is committed to reforming the capital market to increase its inclusivity and attractiveness, with specific reforms planned for the ChiNext and STAR Market [10][11] - There will be a push for the high-quality development of private equity funds and the introduction of new financial products, such as commercial real estate REITs [11] - Regulatory measures will be strengthened, including the use of technology in supervision and the enforcement of laws against financial misconduct [11][12]