[Explanation] What kind of signals have been released by the establishment of the Beijing Stock Exchange?
Where should efforts be made in the construction process?
The 2021 China International Service Trade Fair is being held here.
Regarding the establishment of the Beijing Stock Exchange, industry insiders said that this means that China's capital market will form a "three-legged" pattern, and it is also a signal to the world to expand financial opening.
[Concurrent] Wei Jianguo, Vice Chairman of China Center for International Economic Exchanges, Former Vice Minister of the Ministry of Commerce
The Shanghai Stock Exchange, the Shenzhen Stock Exchange, and the Beijing Stock Exchange, I personally think that the formation of this "three-legged" situation will help our industry competition, help us develop better services, and help us in China Globally, as a leading benchmark in this regard.
[Concurrent] Zong Liang, Chief Researcher, Bank of China
(Establishment of the Beijing Stock Exchange) is a signal light for our country to comprehensively deepen reforms and expand opening up.
The comprehensive deepening of financial reforms and the expansion of financial opening have sent a very clear signal to the world that the door of China's financial opening must be open to everyone, and financial reforms will continue to advance.
[Explanation] A few days ago, the China Securities Regulatory Commission stated that the Beijing Stock Exchange will adhere to the market positioning of serving innovative small and medium-sized enterprises, adhere to the dislocation development and interconnection with the Shanghai and Shenzhen Stock Exchanges and regional equity markets, and adhere to the existing innovation and basic layers of the New Third Board. Overall coordination and system linkage, maintaining the balance of market structure.
Industry insiders suggest that in the construction process of CBEX, it should absorb domestic and foreign experience in accordance with the principles of marketization and legalization, and attach importance to mechanism innovation.
[Concurrent] Zong Liang, Chief Researcher, Bank of China
(For example) After I have made money, is it convenient or inconvenient to convert the foreign exchange that I financed in this market?
I think the words in this can design a good system to enable smooth conversion of everyone's words, and even include some special mechanisms.
To condense the global good mechanisms into the innovation of our market, we must build the most attractive stock exchange, truly provide a good space for the development of small and medium-sized enterprises, and enable relevant qualified technological innovations. Small and medium-sized enterprises are free from worries.
[Concurrent] Wei Jianguo, Vice Chairman of China Center for International Economic Exchanges, Former Vice Minister of the Ministry of Commerce
The Beijing Stock Exchange should pay more attention to the real economy, internationalization, and overall technology and small and medium-sized enterprises.
With the Shenzhen Stock Exchange and the Shanghai Stock Exchange, I think it is possible to achieve complementary advantages, complement each other, and work side by side.
Reporter Shan Lu Lang Jiahui reports from Beijing
Editor in charge: [Ji Xiang]