Core Insights - The establishment of the Academic Committee of the China Capital Market Society marks a significant advancement in the theoretical research and intellectual support for the high-quality development of the capital market [1][3][11] Group 1: Formation and Structure - The Academic Committee consists of 29 authoritative experts from various fields related to capital market research, with a clear structure including one chairperson and four vice-chairpersons, serving a term of four years [2][4] - The committee is designed to enhance academic research, promote exchanges, encourage innovation, and uphold academic ethics, functioning as both a think tank and a policy advisory body [2][3] Group 2: Objectives and Focus Areas - The committee aims to develop a theoretical framework that aligns with market principles and China's realities, focusing on key issues such as market inclusivity, pricing efficiency, financial technology, and legal construction [3][8] - The committee's mission includes producing high-quality research outcomes that are closely integrated with practical applications in capital market reforms and developments [3][11] Group 3: Expert Composition and Diversity - The committee's composition reflects a blend of authority, professionalism, and diversity, featuring experts from government research institutions, universities, international investment banks, and market practitioners [4][5][6] - This diverse background allows the committee to examine capital market issues from multiple perspectives, ensuring a comprehensive approach to research [5][6] Group 4: Strategic Recommendations for Development - During the meeting, experts provided forward-looking suggestions for the "14th Five-Year Plan" of the capital market, emphasizing the need for improved inclusivity in listing and trading systems, and the attraction of high-quality enterprises from new productive sectors [7][8] - Recommendations also included enhancing the supply of patient, long-term, and strategic capital, and strengthening investor protection and education [7][8] Group 5: Future Directions and Publications - The establishment of the Academic Committee and the upcoming launch of the official journal "Capital Market Research" signify a move towards a more systematic and professional theoretical support system for China's capital market [9][11] - This journal aims to connect academia, regulatory bodies, and practitioners, facilitating cutting-edge research on significant theoretical and policy issues in the capital market [10][11]

Core Viewpoint - The establishment of the Academic Committee of the China Capital Market Society marks a significant advancement in the theoretical research and intellectual support for the high-quality development of China's capital market, with 29 authoritative experts forming a "super think tank" [1][3][14]. Group 1: Establishment and Purpose - The Academic Committee was officially established on December 18, 2023, and is composed of 29 experts from various fields related to capital market research [3][15]. - The committee aims to enhance academic research, promote academic exchange, encourage innovation, and uphold academic ethics, serving as a think tank for theoretical research and a consultant for policy-making [3][15][18]. - The committee's formation is seen as a crucial step in transitioning capital market theory from fragmentation to a more systematic and professional approach [1][14]. Group 2: Leadership and Structure - Li Yang, a prominent figure in financial theory and policy research, has been appointed as the chair of the Academic Committee, with four vice chairs from academic institutions, highlighting the committee's academic independence [18][19]. - The committee's members come from diverse backgrounds, including government research institutions, universities, international investment banks, and market practitioners, ensuring a rich blend of theoretical and practical insights [19][20]. Group 3: Focus on the 14th and 15th Five-Year Plans - During the meeting, experts discussed the "14th Five-Year Plan" and provided constructive suggestions for the "15th Five-Year Plan," emphasizing the importance of enhancing the capital market's quality and functionality [21][22]. - Key recommendations included improving the inclusiveness and adaptability of listing and trading systems, expanding patient and long-term capital supply, and strengthening investor protection [21][22]. Group 4: Future Developments - The China Capital Market Society plans to launch an official academic journal titled "Capital Market Research," which will serve as a platform for cutting-edge research on significant theoretical and policy issues in the capital market [24]. - The establishment of the Academic Committee and the journal signifies a move towards a more systematic, professional, and international approach to capital market theory, enhancing China's influence in global financial governance [24].

Core Viewpoint - The establishment of the Academic Committee of the China Capital Market Society marks a significant advancement in the theoretical research and intellectual support for the high-quality development of China's capital market, with 29 authoritative experts forming a "super think tank" [1][2][3]. Group 1: Establishment and Structure - The Academic Committee consists of 29 experts from various fields related to capital market research, with a clear mission to enhance academic research, promote exchanges, and encourage innovation [2][4]. - The committee is led by Li Yang, a prominent figure in financial theory and policy research, with a diverse membership that includes scholars from top universities and experts from government and international financial institutions [4][5]. Group 2: Objectives and Functions - The committee aims to serve as a think tank for theoretical research and a consulting body for policy-making, focusing on issues such as market inclusivity, pricing efficiency, and the application of financial technology [2][3][6]. - The establishment of the committee is seen as a crucial step in forming a systematic and professional theoretical framework for the capital market, transitioning from fragmented research to a more cohesive approach [1][6]. Group 3: Expert Insights and Recommendations - During the meeting, experts emphasized the importance of enhancing the inclusivity and adaptability of listing and trading systems to attract high-quality enterprises, particularly in emerging sectors [7][8]. - Recommendations included increasing the supply of patient, long-term, and strategic capital, as well as improving governance and regulation in the application of artificial intelligence in the capital market [7][8]. Group 4: Future Developments - The China Capital Market Society plans to launch an official academic journal, "Capital Market Research," which will serve as a top-tier publication in the field, facilitating connections between academia, regulatory bodies, and practitioners [9]. - The ongoing development of the think tank and the establishment of the Academic Committee signify a new phase in the systematic, professional, and international advancement of capital market theory in China [9].