Group 1 - The China Securities Association held a meeting for the new Chief Economist (Development Strategy) Professional Committee, focusing on macroeconomic and capital market issues to contribute expert insights for reform and stability [1] - The meeting included discussions on the 2026 macroeconomic outlook and the preparation of the "14th Five-Year Plan" for the capital market and securities industry [1] - Over 50 participants from the China Securities Regulatory Commission and relevant government departments attended the meeting, highlighting the collaborative effort in the industry [1] Group 2 - The meeting featured a presentation by the Chief Economist of Everbright Pramerica Fund, who released the results of a survey predicting the first quarter of 2026 [2] - Various chief economists from different firms provided analyses on topics such as "RMB internationalization," "gaining dividends from reform," and "how to enhance consumer spending" [2] - The China Securities Association announced the appointment of new members to the Chief Economist (Development Strategy) Professional Committee and emphasized the importance of aligning with the spirit of the 20th Central Committee's Fourth Plenary Session [2]

Core Viewpoint - The chairman of Guotai Junan Securities, Zhu Jian, has been appointed as the new president of the China Securities Association, emphasizing a focus on risk prevention and strong regulation in the securities industry [1] Group 1: Leadership and Governance - Zhu Jian will lead the China Securities Association in aligning with the "14th Five-Year Plan" for the securities industry, focusing on top-level design [1] - The association aims to enhance governance rules through member collaboration, promoting a shared management system within the industry [1] Group 2: Risk Management and Professional Development - The new leadership will prioritize the prevention of systemic risks and the improvement of professional capabilities and core competencies within the industry [1]