Core Viewpoint - The China Securities Regulatory Commission (CSRC) has released guidelines for the selection of provincial and ministerial-level research topics for 2026, focusing on enhancing the inclusiveness and adaptability of the capital market during the "14th Five-Year Plan" period [1] Group 1: Research Directions - The CSRC has identified 12 key research topics, including improving the governance effectiveness of listed companies under the new Company Law, optimizing the structure of listed companies, and studying the binding mechanism between public funds and investor interests [1] - Other research areas include innovations in pension financial investment mechanisms, regulatory oversight of accounting firms in the capital market, and trends in investor behavior patterns influenced by AI technology [1] - Additional topics cover enhancing regulatory capabilities in an open environment, addressing common illegal issues in securities enforcement, and policies to promote long-term capital inflow into the market [1] Group 2: Research Management - The CSRC stipulates that research projects should ideally be led by one or two units, with a diverse range of participating organizations, including top domestic and international think tanks, universities, and market institutions [2] - The CSRC emphasizes the importance of maintaining high-quality submissions, prohibiting duplicate applications, and requiring clear distinctions between related projects in the application [2] - The China Securities Financial Research Institute has been designated as the organizing and management unit for these research projects, which are expected to last between 6 to 12 months, with a submission deadline of March 31, 2026 [2]

证监会明确12个选题方向 课题管理方面，证监会指定直属研究机构中证金融研究院作为课题组织管理单位，课题研究周期一般为 6至12个月，申报截止日期为2026年3月31日。 证监会还明确，所有课题研究方向均不代表证监会监管导向，仅作为研究储备。 业内专家认为，此举旨在汇聚全社会研究力量，围绕资本市场改革发展的关键领域和重大问题，开展前 瞻性和基础性研究，共同形成一批具有理论价值和实践意义的研究成果。 证监会明确了12个选题方向：新公司法下提升上市公司治理有效性、优化上市公司结构研究；公募基金 与投资者利益绑定机制研究；资本市场与养老金融投资机制创新研究；会计师事务所资本市场执业监管 研究；AI技术发展背景下投资者行为模式变化趋势、市场影响与监管研究；开放环境下我国资本市场 监管能力提升研究；证券执法领域共同违法问题研究；推动中长期资金入市配套政策研究；提升资本市 场定价效率研究；提高资本市场制度包容性适应性研究；资本市场支持传统产业上市公司提质增效研 究；人工智能等科技发展对资本市场的影响和挑战。 根据申报指南，课题原则上由一家或两家单位牵头，参与单位要保持多样性。其中，课题牵头单位包括 但不限于：国内外一流智库 ...