China Securities Regulatory Commission Emphasizes Stable Operation of Capital Market
On January 23, the China Securities Regulatory Commission held a meeting to emphasize the stable operation of the capital market and strive to stabilize market confidence. The meeting, headed by Yi Huiman, Secretary and Chairman of the Party Committee, focused on implementing the important speech of General Secretary Xi Jinping at a special seminar on promoting high-quality financial development for leading cadres at the provincial and ministerial levels.
The meeting believed that General Secretary Xi Jinping’s speech provided crucial guidance for the financial industry, addressing major theoretical and practical issues in promoting high-quality financial development. It focused on understanding the decisive significance of key establishment and strengthening political ability to do a good job in financial work in the new era.
The China Securities Regulatory Commission system must integrate the study and implementation of General Secretary Xi Jinping’s important speeches as an important political task at present and in the future. The meeting emphasized the following key points for the commission’s system:
– Following the path of development of modern capital markets with Chinese characteristics.
– Making every effort to maintain the stable operation of the capital market.
– Comprehensively deepening the reform and opening up of the capital market.
– Strengthening comprehensive supervision in accordance with the law and effectively preventing and resolving risks.
– Deepening the comprehensive and strict governance of the party.
Members of the Party Committee of the China Securities Regulatory Commission, responsible comrades of the Discipline Inspection and Supervision Team, and main responsible comrades of various departments and bureaus attended the meeting.
While the measures and strategies discussed are aimed at improving the stability and efficiency of the capital market, the financial community warns that the stock market is risky, and investors should exercise caution when making investment decisions.
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