China's State Council has introduced a comprehensive guideline aimed at strengthening regulation, preventing risks, and promoting the high-quality development of the capital market. 📋✨
This marks the third major guideline on the capital market issued by the State Council in the past two decades, following previous releases in 2004 and 2014. The latest directive emphasizes the creation of a secure, regulated, transparent, open, dynamic, and resilient capital market. 🌐🔒
According to the guideline, efforts will be concentrated on enhancing regulatory frameworks, mitigating potential risks, and driving forward high-quality development. The goal is to fully leverage the functions and roles of the capital market, bolster the nation's financial sector, and support the broader objective of advancing Chinese modernization. 🚀📊
By implementing these measures, China aims to build a robust financial system that can adapt to global changes and sustain long-term economic growth. The initiative underscores the country's commitment to maintaining stability and fostering a conducive environment for investors and businesses alike. 🤝💡
Reference(s):
China to strengthen capital market regulation, risk prevention
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