Securities Times | CSRC Vice Chairman Li Chao: Accelerate Research and Planning for Strategic Tasks and Major Initiatives in the Capital Market During the "15th Five-Year Plan" Period

Accelerate Research and Planning for Strategic Tasks and Major Initiatives in the Capital Market During the "15th Five-Year Plan" Period

On October 28, at the listing ceremony for the first batch of newly registered companies on the STAR Market Growth Tier, CSRC Vice Chairman Li Chao stated in his address that the China Securities Regulatory Commission (CSRC) will accelerate research and planning for strategic tasks and major initiatives in the capital market during the "15th Five-Year Plan" period. The CSRC will firmly adhere to the main priorities of preventing risks, strengthening regulation, and promoting high-quality development, unwaveringly following the path of financial development with Chinese characteristics. Guided by the comprehensive reform of investment and financing in the capital market, the CSRC will comprehensively advance and implement a new round of capital market reforms and opening-up, continuously enhancing the inclusiveness, adaptability, attractiveness, and competitiveness of China's capital market, thereby better serving the development goals of the "15th Five-Year Plan" and the construction of a strong financial nation.

Hope for STAR Market Companies to Fully Utilize Reform Policies

On October 28, at the listing ceremony for the first batch of newly registered companies on the STAR Market Growth Tier, CSRC Vice Chairman Li Chao expressed in his address the hope that STAR Market companies will fully utilize reform policies, improve corporate governance, and enhance development quality and investor returns. He also called on industry institutions to further enhance their professional capabilities and service quality to better serve entity enterprises and investors. Additionally, he urged the Shanghai Stock Exchange to adhere to the STAR Market's "hard tech" positioning, strengthen regulation, and optimize services.

Orderly Implementation of "1+6" STAR Market Reform Measures

On October 28, at the listing ceremony for the first batch of newly registered companies on the STAR Market Growth Tier, CSRC Vice Chairman Li Chao stated that the "1+6" STAR Market reforms implemented in June this year have progressed smoothly overall. The establishment of the STAR Market Growth Tier, along with pilot initiatives such as introducing experienced professional institutional investors and pre-review mechanisms, has been advancing steadily, with related cases being implemented in an orderly manner.

STAR Market Reforms Lead to Continuous Improvement of Basic Systems Across the Entire Market

On October 28, at the listing ceremony for the first batch of newly registered companies on the STAR Market Growth Tier, CSRC Vice Chairman Li Chao stated that the STAR Market's role as a "test ground" is increasingly evident, leading to the continuous improvement of basic systems across the entire market. It has effectively supported a number of high-tech enterprises in fields such as integrated circuits and biomedicine, with strong momentum gathering to serve technological innovation.

Editor: Wan Jianyi

Proofreader: Li Lingfeng