Building a Modern Capital Market with Chinese Characteristics:Issues and Strategies
Since the reform and opening up,China's capital market has achieved significant development and has now entered a new phase of building a modern capital market with Chinese characteristics.In this context,China is undergoing a new round of major financial system re-forms,and the importance of the capital market in the financial system will further increase.At the same time,China's capital market still faces many problems and challenges in terms of mar-ket activity,market structure,institutional construction,and investor confidence.To address these,it is essential to closely follow the new nine policies issued by the State Council of China on promoting high-quality development of the capital market,actively promote social capital in-vestment and financing,tap into market sources;lower market entry barriers and focus on tech-nological innovation to stimulate market transaction vitality;optimize the legal system to boost confidence among market entities;and improve financial infrastructure and talent development to create a synergistic force for the high-quality development of the capital market.
capital marketmarket activitymarket structureinstitutional constructioninvestor confidence
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