China News Service, Beijing, August 24 (Reporter Chen Kangliang) China Securities Regulatory Commission Chairman Yi Huiman said on the 24th that China's capital market is currently in a rare period of development opportunities.
Yi Huiman made the above statement at the launching ceremony of the first batch of companies to reform and pilot the registration system on the Growth Enterprise Market that day. The China Securities Regulatory Commission disclosed relevant information.
Yi Huiman said that the reform of the ChiNext and the pilot registration system is a major measure to promote the reform of the registration system and improve the basic system of the capital market through the increase of the stock after the science and technology innovation board. It is important to support the Guangdong-Hong Kong-Macao Greater Bay Area and Shenzhen with Chinese characteristics. It is of great significance to construct the first demonstration zone of socialism and better serve the high-quality development of the real economy.
Yi Huiman emphasized that he hopes that the Shenzhen Stock Exchange will stick to its positioning on the Growth Enterprise Market, highlight its characteristics and develop dislocations, and achieve greater responsibility in deepening the structural reform of the financial supply side and promoting high-level circulation of technology, capital and the real economy. We must persist in putting innovation first, and continuously improve the support and services for innovative and entrepreneurial enterprises; adhere to strict supervision, ensure that the entrance and exit are well controlled, and promote the survival of the fittest; adhere to the principle of stability, keep the bottom line of risk, and ensure various reform and opening measures Landing smoothly.
Yi Huiman further pointed out that the China Securities Regulatory Commission will unswervingly adhere to the direction of marketization, rule of law, and internationalization, earnestly implement the requirements of "system building, non-intervention, and zero tolerance", and solidly promote the reform, development and stability of the capital market. "Establishing a system" is an important foundation for standardizing market order and optimizing governance efficiency; "non-intervention" is an important way to maintain the normal functioning of the market, stabilize market expectations, and enhance market vitality; "zero tolerance" is to strengthen regulatory deterrence and purify market ecology Important guarantee.
Yi Huiman emphasized that the above three are mutual foundation, mutual premise and organic unity. "Non-intervention" does not mean letting go. We must adhere to awe of the rule of law, act in accordance with laws and regulations, and attach importance to anticipatory management. This does not contradict daily supervision. Only by maintaining "zero tolerance" can we create a good development environment and create favorable conditions for reducing regulation and enhancing vitality. The main line of "building the system" must be highlighted. Only when the basic system of the capital market is more mature and finalized can we better distinguish between daily supervision and market intervention and truly achieve "zero tolerance." This is the inherent logic and inevitable requirement for achieving high-quality development of the capital market. (Finish)