China News Service, Beijing, May 9th (Liu Wenwen and Wang Enbo) The reporter learned from the government that the "Thirty Years of China's Capital Market", compiled by the China Securities Regulatory Commission and organized by the China Securities Finance Research Institute, was officially published recently.

"Thirty Years of China's Capital Market" Photo courtesy of China Securities Finance Research Institute

  In December 1990, the Shanghai and Shenzhen stock exchanges were established, marking the birth of a capital market characterized by concentrated stock trading after my country's reform and opening up. 2020 is the 30th anniversary of the establishment of China's capital market.

Over the past 30 years, the capital market has grown from scratch, from small to large, and has achieved historic breakthroughs and leapfrog development.

In order to comprehensively review the 30-year development history, main achievements, experience and lessons of China's capital market, and to provide a reference for the next stage of capital market reform and opening up, the China Securities Regulatory Commission compiled and published "Thirty Years of China's Capital Market".

  The chairman of the China Securities Regulatory Commission, Yi Huiman, stated in the book's preface that China's capital market has achieved historic breakthroughs and leaps and bounds in just 30 years, mainly due to the party's overall leadership of the capital market; and the consistent service The fundamental purpose of the development of the real economy; always adhere to the reform direction of marketization, rule of law, and internationalization; always adhere to the people's position.

  Yi Huiman emphasized that in the future, he will continue to unswervingly deepen the reform and opening up of the capital market, focus on increasing the proportion of direct financing, take the reform of the registration system and the delisting system as the starting point, comprehensively strengthen the construction of basic systems, and comprehensively improve the ability and level of market governance. The quality of listed companies strengthens the functioning of the market, promotes the coordinated development of investment and financing, continuously optimizes the market ecology, firmly holds the bottom line of no systemic risks, and better serves the high-quality development of the economy and society.

  The relevant person in charge of the China Securities Finance Research Institute pointed out that the publication of this book has three important significance: First, it further deepens the understanding of the importance of the capital market in the overall economic and social development; second, it promotes the deepening of the conditions of the socialist market economy. Under the understanding of the regularity of the construction and development of the capital market; third, it further strengthened the confidence in the development of the capital market.

  This book is compiled by an official organization and is more authoritative.

It is reported that in order to ensure the authenticity, accuracy and authority of the information in this book, nearly 50 internal departments and system units of the China Securities Regulatory Commission have organized and worked together to complete the compilation of this book.

In addition, this book focuses on recording historical facts and not writing. It adopts a history-based compilation method that combines history and theory. The writing method highlights the objective recording of historical facts and system changes. It mainly uses the press releases of the Securities Regulatory Commission and relevant ministries and commissions at that time. According to the official caliber and the official media authoritative release, try not to make extended comments and subjective evaluations.

  It is reported that this book has 9 chapters and 19 chapters: Overview, Market System, Market Subject, Market System, Opening to the Outside World, Risk Prevention and Control, Rule of Law and Supervision, Party Building, and Outlook. Statistical data tables, etc., with a total of 400,000 words.