Core Viewpoint - The article emphasizes the importance of enhancing the coordination between investment and financing in the capital market, highlighting the need for a supportive regulatory environment and improved investor confidence. Group 1: Investment and Financing Coordination - The China Securities Regulatory Commission (CSRC) aims to improve the institutional environment for long-term investments, encouraging various types of medium- and long-term funds to increase their market participation. As of the end of last year, medium- and long-term funds held approximately 23 trillion yuan in A-share market value, a 36% increase from the beginning of the year [3]. - Investment and financing are fundamental functions of the capital market that are interdependent. A lack of financing capabilities undermines the market's ability to serve the real economy, while insufficient investment capabilities jeopardize sustainable market development [5][6]. Group 2: Regulatory Effectiveness and Investor Protection - The CSRC plans to enhance the effectiveness of regulatory enforcement and improve the investor education and protection system. This includes strict regulation and punishment of severe violations, aiming to boost investor trust and confidence [4]. - The article highlights the need for a dynamic adjustment process in investment and financing coordination, rather than a static balance, to mitigate market volatility and vulnerabilities [6]. Group 3: Quality of Listed Companies - Improving the quality of listed companies is crucial for promoting investment and financing coordination. High-quality companies attract stable long-term investments, creating a positive cycle of investment returns and efficient financing [7]. - If the quality of listed companies is inadequate, even temporarily inflated stock prices will not be sustainable, ultimately damaging investor confidence and hindering the financing function [7]. Group 4: Support for Technological Innovation Enterprises - The CSRC will enhance its services for technology innovation enterprises, advancing reforms in the Sci-Tech Innovation Board and the Growth Enterprise Market, and improving the multi-tiered capital market system [8].

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 第三十届（2026年度）中国资本市场论坛在京召开，证监会副主席陈华平出席并发表讲话。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 第三十届（2026年度）中国资本市场论坛在京召开，证监会副主席陈华平出席并发表讲话。 陈华平指出，促进投融资功能协调，必须深入研究其丰富内涵和运行机理。投资和融资是资本市场两大 基础功能，二者一体两面，相辅相成，没有融资功能，资本市场服务实体经济就无从谈起，没有投资功 能，市场可持续发展就会成为空中楼阁。从总量上看，投融资失衡就会加大市场波动，放大市场脆弱 性。从结构上看，投资和融资在产品期限、风险特征和偏好等方面都需要更好匹配。还要看到投融资协 调不是某个时点的静态平衡，而是一个动态变化不断调试的过程。 促进投融资功能协调，必须牢牢抓住提高上市公司质量这个关键。上市公司是市场资金治理健全，回报 水平高或者成长性强的上市公司，本身就是资本市场的源头活水，自然会吸引更多资金长期稳定的参与 投资，进而形成上市公司质量高，投资有回报，资金积极入市，融资效率提升这种良性循环。反之，如 果 ...

证监会主席吴清9月22日在国新办举行的"高质量完成'十四五'规划"系列主题新闻发布会上表示，"十四 五"期间，证监会始终坚持稳中求进，统筹发展与安全，筑牢监管防线，严守风险底线。 一是坚决维护市场平稳运行。二是稳妥推动重点领域风险持续收敛。三是大幅增强监管执法的有效性、 震慑力。四是扎牢织密投资者保护"安全网"。 ...