Jiang Yang, Vice Chairman Of The Securities And Futures Commission Of The 2016 Lujiazui Forum, Said

The people's Government of Shanghai and the people's Bank of China, China

The 2016 Lujiazui forum co sponsored by the China Securities Regulatory Commission and the CIRC was held in Shanghai in from June 12th to 13th.

The theme of this forum is "challenges and financial changes of global economic growth".

The SFC will thoroughly implement the spirit of the third and fourth central committee, the Fifth Plenary Session of the eighteen Central Committee and the central economic work conference of the party, thoroughly understand and fully implement the spirit of the speech of general secretary Xi Jinping, firmly establish the five development ideas, closely focus on the overall layout of the five in one and four comprehensive strategic layout, and implement the series of important policies of the CPC Central Committee and the State Council on the reform and development of the capital market in a down-to-earth manner.

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We should accelerate the steady and healthy development of the market and improve the ability of serving the economic and social development in accordance with the objectives of complete financing, solid foundation system, effective market supervision and full protection of investors' legitimate rights and interests.

At present, China's economy is in the new normal of development. The overall trend of economic operation is in line with expectations. New modes and new formats are emerging. The new dynamic energy of economic development is increasing.

However, structural problems remain outstanding, total demand is sluggish and overcapacity exists, and the downward pressure on the economy still exists.

At the same time, the international economic and financial situation is complicated, the pressure of capital outflow is increasing, and the external environment uncertainty factors are increasing.

The new economic normal is not only a challenge but also an opportunity for the development of capital market.

Vice chairman of the securities and Futures Commission

It said that we should promote the marketization reform of mergers and acquisitions, strengthen the market's survival of the fittest, strengthen the supervision of Huai style reorganization and follow suit restructuring, guide the listed companies to standardize their operation, do well in the main business, encourage listed companies to increase the strength of return investors, and promote the formation of long-term investment and value investment ideas in the market.