Your current location:HOME >entertainment >China to strengthen capital market regulation, risk prevention 正文
TIME:2024-05-21 10:54:22 Source: Internet compilationEdit:entertainment
BEIJING, 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. ■
Who is Jacob Zuma, the former South African president disqualified from next week's election?2024-05-21 10:30
Dybala hat2024-05-21 10:27
Liaoning withstand Shanxi rally to win in OT2024-05-21 10:13
Sancho, Reus send Dortmund to UCL quarters2024-05-21 09:59
US overdose deaths dropped in 2023, the first time since 20182024-05-21 09:56
China storms to quarters, thrilling matchups await2024-05-21 09:44
Koke extends Atletico Madrid contract until 20252024-05-21 09:07
Cambodia plans to add 7 tangible, 3 intangible cultural properties to UNESCO's heritage listing: PM2024-05-21 09:00
What's next for Iran after death of its president in crash?2024-05-21 08:27
Koke extends Atletico Madrid contract until 20252024-05-21 08:19
Britain's new bonkers EV: Callum Skye is an £80k electric buggy built in Warwickshire2024-05-21 10:43
Tax Day 2024: Here's what to do if you can't pay your taxes by the deadline2024-05-21 10:26
Caitlin Clark and Angel Reese hope to carry over college momentum to the WNBA2024-05-21 10:25
Liaoning lead title contenders into CBA playoffs2024-05-21 10:21
Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky2024-05-21 10:04
Oklahoma family whose pet octopus laid FIFTY eggs reveals how they're looking after the consortium2024-05-21 09:59
Premier League enters its most intriguing title race2024-05-21 09:14
Beijing International Film Festival to screen 47 sci2024-05-21 08:35
Sweden beats France, Britain relegated after losing to Norway at hockey worlds2024-05-21 08:30
Cambodia plans to add 7 tangible, 3 intangible cultural properties to UNESCO's heritage listing: PM2024-05-21 08:12