Business
CSRC Chairman Wu Qing Courts International Feedback as China Bolsters Market Momentum Amid Slowing Growth
Chinese authorities are making efforts to sustain market dynamics as economic expansion slows down. Wu Qing, the Chairperson of CSRC, sought opinions from finance experts and media personnel, as reported on the oversight body's online platform.
According to a statement released on Sunday on the oversight body's website, Wu Qing, the head of the China Securities Regulatory Commission (CSRC), sought opinions from finance experts and media personnel at the yearly Financial Street Forum.
The transformation of the financial market is a key aspect of China's contemporary development, with overseas investors playing a significant role in shaping China's capital markets, according to Wu's statement at the forum on Friday. The CSRC is open to feedback from the market, including financial specialists, academics, and the media, to oversee the regulator's activities, as stated in Sunday's summary.
The CRSC is set to enhance the linkage between local and global markets, broaden the avenues for foreign listings, and motivate more international organizations to invest and establish their operations in China, he stated.
The China Securities Regulatory Commission (CSRC) has urged those involved in the capital markets, where the CSI 300 index experienced a surge of up to 20% in just six trading days following new policy implementations, to "value" this positive trend and advocate for additional reforms.
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