Home » China Securities Regulatory Commission: It is necessary to put more emphasis on bottom-line thinking, take precise measures to prevent and resolve the risk of bond default | Reuters

China Securities Regulatory Commission: It is necessary to put more emphasis on bottom-line thinking, take precise measures to prevent and resolve the risk of bond default | Reuters

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China Securities Regulatory Commission: It is necessary to put more emphasis on bottom-line thinking, take precise measures to prevent and resolve the risk of bond default | Reuters

SHANGHAI, Feb 19 (Reuters) – The China Securities Regulatory Commission held its 2022 bond supervision work conference on Friday, pointing out that it is necessary to adhere to the principle of “steadfastness” and seek progress while maintaining stability, more emphasis on bottom-line thinking, precise implementation of policies, and all-out efforts to prevent and resolve bond default risks; Be transparent, comprehensively deepen the reform of the bond issuance registration system and expand opening up.

The website of the China Securities Regulatory Commission issued a press release saying that the meeting also called for more emphasis on strict supervision and zero tolerance, speeding up the transformation of supervision, and further improving the supervision system and mechanism in line with the development laws and characteristics of the bond market; more emphasis on improving quality while maintaining stability, and better serving the development of the real economy and national strategy implementation.

It is necessary to put more emphasis on systematic thinking, strengthen market construction, basic system construction, legal supply and scientific and technological guarantees, actively create a good market development ecology, and help stabilize the macroeconomic market.

“The current internal and external environment is becoming more complex and severe, but China’s economy has remained stable and sound in the long run, and the stable and healthy development of the market has a solid foundation,” the meeting said. (over)

Posted by Lin Gaoli; Reviewed by Wu Yunling

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