Current location:business >>
China to strengthen capital market regulation, risk prevention
business2People have gathered around
IntroductionBEIJING, April 12 (Xinhua) -- China's State Council has released a guideline on strengthening regula ...
BEIJING, April 12 (Xinhua) -- China's State Council has released a guideline on strengthening regulation, forestalling risks and promoting the high-quality development of the capital market.
This is the third guideline document on the capital market from the State Council in two decades. The first two were issued in 2004 and 2014, respectively.
The country should build a secure, regulated, transparent, open, dynamic and resilient capital market, the guideline noted.
In this regard, efforts should focus on strengthening regulation, preventing risks and pushing forward high-quality development to fully harness the functions and roles of the capital market, promote the building of a country with a strong financial sector and serve the goal of advancing Chinese modernization.
The guideline demanded strict regulation on the entry into the capital market through securities issuance and listing, as well as rigorous sustained oversight on listed firms.
It also urged intensifying regulation on delisting as well as on institutions like securities and fund management companies.
Efforts should be made to tighten supervision over high-frequency trading and other types of trading, enhance the reserves of strategic forces and further develop stabilizing mechanisms, the guideline said.
It added that the impacts of both major economic and non-economic policies on the capital market will be factored into policy orientation consistency evaluation as part of efforts to enhance the intrinsic stability of the capital market.
China will vigorously guide the entry of medium and long-term capital into the market, comprehensively deepen reform and opening up, and strengthen the rule of law in the capital market, the guideline said. ■
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Stories news portal”。http://mauritania.downmusic.org/html-09f599949.html
Related articles
Former teacher at New Hampshire youth detention center testifies about bruised teens
businessBRENTWOOD, N.H. (AP) — A former teacher at New Hampshire’s youth detention center testified Monday t ...
【business】
Read moreChinese Woman Astronaut Sets New Record
businessContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【business】
Read moreSpring Bud Blooms
businessContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【business】
Read more
Popular articles
- New Mexico reaches record settlement over natural gas flaring in the Permian Basin
- Woman Pursues Dreams in Countryside, Contributes to Rural Revitalization
- China's Yin Ruoning Wins Women's PGA Championship
- Jiang Wins China's First Golds at Asian Weightlifting Championships
- Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia
- The Making of China's Olympic Mascots
Latest articles
Ecuador announces complaint against Mexico at top UN court in diplomatic spat
From Migrant Worker to Reform Pioneer
China's Chen, Wang Lift Women's Doubles Trophy at Durban Table Tennis Worlds
China Wins 6th Straight Women's Beach Volleyball Gold at Asiad
Revealed: The top ten most popular dog names in 2024
China's 17
LINKS
- Over half of Brazilians live on the coast, 2022 Census shows
- Scathing report criticizes accountability of California's homeless funding
- Disability funding changes: 'We just want to be parents'
- Bill to remove Easter alcohol restrictions drawn from ballot
- Scathing report criticizes accountability of California's homeless funding
- Cats, dogs and competitions at the Hong Kong Pet Show
- VOX POPULI: Contrary to forecasts, spring hasn’t quite sprung yet
- South China Sea: Beijing slams US
- Australian Foreign Minister raises recognising Palestinian state
- Northland teenager dies in crash while driving to work