China's regulatory body has urged securities firms and asset managers to enhance their support for investment and financing needs in order to promote stable and healthy growth in the capital market.
The Chairman of the China Securities Regulatory Commission, Wu Qing, emphasized the crucial role of these financial institutions in driving reforms within the capital market. Wu's comments underscore the significance of aligning financial services with the changing demands of investors and businesses.
The objective is to ensure that the capital market can effectively address the challenges and opportunities presented by the current economic landscape, thereby contributing to overall market stability and development.