CFIC Introduction
Wang Li said that the China Securities Regulatory Commission will thoroughly implement the decisions and arrangements of the CPC Central Committee and the State Council, continue to promote the implementation of the new "National Nine Articles" and the "1+N" policy of the capital market, further deepen the reform of the capital market in an all-round way, better play the role of the capital market, promote more progress and results in the "five major articles" of finance, and better serve the high-quality development of the economy and Chinese-style modernization.
Original title: Wu Qing will attend this meeting
Wang Li, deputy director of the General Office of the China Securities Regulatory Commission, said at the press conference of the 2024 Financial Street Forum Annual Meeting on October 11 that at this year's forum, Wu Qing, Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission, will attend the opening ceremony of the annual meeting and deliver a keynote speech. In accordance with the unified arrangement of the organizing committee, the China Securities Regulatory Commission will conscientiously organize the main forum, parallel forums and financial technology conferences.
Wang Li said that in the next step, the China Securities Regulatory Commission will thoroughly implement the decisions and arrangements of the Party Central Committee and the State Council, continue to promote the implementation of the new "National Nine Articles" and the "1+N" policy of the capital market, further deepen the reform of the capital market in an all-round way, better play the functional role of the capital market, promote the financial "five major articles" to achieve more progress and results, and better serve the high-quality economic development and Chinese-style modernization.
Further refine and improve various preparatory arrangements
Ensure the successful completion of the forum
Wang Li introduced that the China Securities Regulatory Commission will host the main forum on the afternoon of October 19, with the theme of "Promoting the High-quality Development of the Capital Market by Comprehensively Deepening the Reform of the Capital Market". The main forum included two topics, one is to "better play the function of the capital market and help the development of new quality productivity", and the other is to "adhere to the investor-oriented and vigorously improve investor services".
The SFC will host two forums. One is that the Beijing Stock Exchange will host a parallel forum on the afternoon of October 18, with the theme of "Supporting Small and Medium-sized Enterprises to Take the Road of Specialization, Refinement, and New Innovation, and Better Service Development of New Quality Productivity". The other is that the Department of Science and Technology Supervision of the China Securities Regulatory Commission, China Securities Technology Co., Ltd., and China Securities Data Co., Ltd. will host the capital market fintech forum in the fintech conference on the morning of October 21, with the theme of "'data elements + AI' two-wheel drive high-quality digital transformation of the capital market".
In addition, high-profile guests will be invited to attend the conference. In line with the national and international positioning of the Financial Street Forum, the China Securities Regulatory Commission (CSRC) invited more than 40 high-level guests, including domestic and foreign regulatory authorities, industry institutions, technology companies, universities, etc., to participate in keynote speeches, roundtable dialogues, results release and other activities.
Wang Li said that in the next step, the CSRC will further refine and improve the preparatory arrangements under the coordination of the organizing committee to ensure the successful completion of the forum.
We will continue to promote the implementation of the new "National Nine Measures" and the "1+N" policy in the capital market
In response to a question from the China Securities Regulatory Commission on how to promote the capital market to do a good job in the "five major articles" of finance, Wang Li said that doing a good job in the "five major articles" of finance is an inevitable requirement for promoting high-quality economic development, and it is also an important part of giving full play to the service function of the capital market. The China Securities Regulatory Commission (CSRC) has actively promoted the integration of the capital market into the strategy of Science and Technology Beijing and Green Beijing, served the construction of the "Four Centers", and promoted the "Five Major Articles" of finance to continuously achieve new results in Beijing.
In terms of science and technology finance, China actively participates in the construction of the Beijing International Science and Technology Innovation Center and the pilot reform of Zhongguancun, and supports high-quality science and technology enterprises to become better and stronger through the capital market. In recent years, more than 80% of the newly listed enterprises in Beijing belong to the new generation of information technology, biomedicine, high-end equipment manufacturing and other strategic emerging industries.
In terms of green finance, we will guide industry institutions to carry out green investment, support enterprises to issue green bonds for energy conservation and environmental protection projects, and issue REITs products to revitalize green infrastructure. As of the end of September, Beijing enterprises have issued a total of 239 green corporate bonds (including ABS), raising nearly 330 billion yuan. Promote the ESG information disclosure of listed companies, and achieve "full coverage" of ESG information disclosure of state-controlled listed companies in Beijing.
In terms of inclusive finance, about 300 listed companies in Beijing have paid cash dividends of nearly 800 billion yuan this year. At the same time, it guided the Beijing Stock Exchange to continue to build the main position of innovative small and medium-sized enterprises, and more than 5 percent of the companies on the Beijing Stock Exchange were selected into the list of national-level specialized, special and new "little giant" enterprises.
In terms of pension finance, Beijing was supported to deepen the pilot of the personal pension system, and as of the end of September, 55 products from 12 institutions were selected into the personal pension investment list. To support the development of pension target funds in Beijing, a total of 15 fund companies have 71 pension target funds.
In terms of digital finance, we will support Beijing in taking the lead in carrying out pilot projects for financial technology innovation in the capital market, and promote the application and implementation of new generation information technologies such as big data, cloud computing, and artificial intelligence in the capital market. The first batch of 13 projects, including ChinaClear's "e-Netcom", has completed the pilot and converted to normal operation, and the second batch of 22 projects has been submitted for evaluation.
Wang Li said that in the next step, the China Securities Regulatory Commission will thoroughly implement the decisions and arrangements of the Party Central Committee and the State Council, continue to promote the implementation of the new "National Nine Articles" and the "1+N" policy of the capital market, further deepen the reform of the capital market in an all-round way, better play the functional role of the capital market, promote the financial "five major articles" to achieve more progress and results, and better serve the high-quality economic development and Chinese-style modernization.
Source of this article: China Securities Journal
Author: Zan Xiuli
State Administration of Financial Regulation: Further promote the high-level opening up of the financial sector
Wang Li, deputy director of the General Office of the China Securities Regulatory Commission, said at the press conference of the 2024 Financial Street Forum Annual Meeting on October 11 that at this year's forum, Wu Qing, Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission, will attend the opening ceremony of the annual meeting and deliver a keynote speech. In accordance with the unified arrangement of the organizing committee, the China Securities Regulatory Commission will conscientiously organize the main forum, parallel forums and financial technology conferences.
Wang Li said that in the next step, the China Securities Regulatory Commission will thoroughly implement the decisions and arrangements of the Party Central Committee and the State Council, continue to promote the implementation of the new "National Nine Articles" and the "1+N" policy of the capital market, further deepen the reform of the capital market in an all-round way, better play the functional role of the capital market, promote the financial "five major articles" to achieve more progress and results, and better serve the high-quality economic development and Chinese-style modernization.
Further refine and improve various preparatory arrangements
Ensure the successful completion of the forum
Wang Li introduced that the China Securities Regulatory Commission will host the main forum on the afternoon of October 19, with the theme of "Promoting the High-quality Development of the Capital Market by Comprehensively Deepening the Reform of the Capital Market". The main forum included two topics, one is to "better play the function of the capital market and help the development of new quality productivity", and the other is to "adhere to the investor-oriented and vigorously improve investor services".
The SFC will host two forums. One is that the Beijing Stock Exchange will host a parallel forum on the afternoon of October 18, with the theme of "Supporting Small and Medium-sized Enterprises to Take the Road of Specialization, Refinement, and New Innovation, and Better Service Development of New Quality Productivity". The other is that the Department of Science and Technology Supervision of the China Securities Regulatory Commission, China Securities Technology Co., Ltd., and China Securities Data Co., Ltd. will host the capital market fintech forum in the fintech conference on the morning of October 21, with the theme of "'data elements + AI' two-wheel drive high-quality digital transformation of the capital market".
In addition, high-profile guests will be invited to attend the conference. In line with the national and international positioning of the Financial Street Forum, the China Securities Regulatory Commission (CSRC) invited more than 40 high-level guests, including domestic and foreign regulatory authorities, industry institutions, technology companies, universities, etc., to participate in keynote speeches, roundtable dialogues, results release and other activities.
Wang Li said that in the next step, the CSRC will further refine and improve the preparatory arrangements under the coordination of the organizing committee to ensure the successful completion of the forum.
We will continue to promote the implementation of the new "National Nine Measures" and the "1+N" policy in the capital market
In response to a question from the China Securities Regulatory Commission on how to promote the capital market to do a good job in the "five major articles" of finance, Wang Li said that doing a good job in the "five major articles" of finance is an inevitable requirement for promoting high-quality economic development, and it is also an important part of giving full play to the service function of the capital market. The China Securities Regulatory Commission (CSRC) has actively promoted the integration of the capital market into the strategy of Science and Technology Beijing and Green Beijing, served the construction of the "Four Centers", and promoted the "Five Major Articles" of finance to continuously achieve new results in Beijing.
In terms of science and technology finance, China actively participates in the construction of the Beijing International Science and Technology Innovation Center and the pilot reform of Zhongguancun, and supports high-quality science and technology enterprises to become better and stronger through the capital market. In recent years, more than 80% of the newly listed enterprises in Beijing belong to the new generation of information technology, biomedicine, high-end equipment manufacturing and other strategic emerging industries.
In terms of green finance, we will guide industry institutions to carry out green investment, support enterprises to issue green bonds for energy conservation and environmental protection projects, and issue REITs products to revitalize green infrastructure. As of the end of September, Beijing enterprises have issued a total of 239 green corporate bonds (including ABS), raising nearly 330 billion yuan. Promote the ESG information disclosure of listed companies, and achieve "full coverage" of ESG information disclosure of state-controlled listed companies in Beijing.
In terms of inclusive finance, about 300 listed companies in Beijing have paid cash dividends of nearly 800 billion yuan this year. At the same time, it guided the Beijing Stock Exchange to continue to build the main position of innovative small and medium-sized enterprises, and more than 5 percent of the companies on the Beijing Stock Exchange were selected into the list of national-level specialized, special and new "little giant" enterprises.
In terms of pension finance, Beijing was supported to deepen the pilot of the personal pension system, and as of the end of September, 55 products from 12 institutions were selected into the personal pension investment list. To support the development of pension target funds in Beijing, a total of 15 fund companies have 71 pension target funds.
In terms of digital finance, we will support Beijing in taking the lead in carrying out pilot projects for financial technology innovation in the capital market, and promote the application and implementation of new generation information technologies such as big data, cloud computing, and artificial intelligence in the capital market. The first batch of 13 projects, including ChinaClear's "e-Netcom", has completed the pilot and converted to normal operation, and the second batch of 22 projects has been submitted for evaluation.
Wang Li said that in the next step, the China Securities Regulatory Commission will thoroughly implement the decisions and arrangements of the Party Central Committee and the State Council, continue to promote the implementation of the new "National Nine Articles" and the "1+N" policy of the capital market, further deepen the reform of the capital market in an all-round way, better play the functional role of the capital market, promote the financial "five major articles" to achieve more progress and results, and better serve the high-quality economic development and Chinese-style modernization.
Source of this article: Xinhua Finance
Author: Liu Yulong
WeChat editor: Liu Sile
Introduction to "Risk Warning· Financial Edition
Finance is the lifeblood of the modern economy, and financial stability leads to economic stability. Financial security is related to the overall development of national and regional enterprises, and it is necessary to maintain a high degree of vigilance against financial risks at all times, enhance the awareness of risk prevention, respond scientifically, and prevent them from occurring. Under the guidance of government authorities, relying on the advanced big data public opinion monitoring system and a professional analyst team, the "Risk Early Warning · Financial Edition" produced by China Financial Information Center summarizes, analyzes, and judges the risk public opinion in different fields and categories of the financial industry, and provides authoritative, professional, practical, timely and effective financial risk public opinion monitoring, research and judgment, early warning and response suggestions for financial regulatory departments, factor markets, financial institutions, listed companies, industry associations, various enterprises, colleges and universities, research institutions, etc. 18,000 per year, once a week, released every Friday.
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