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China to strengthen capital market regulation, risk prevention

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China to strengthen capital market regulation, risk prevention
China to strengthen capital market regulation, risk prevention

China’s State Council released a guideline on Friday on strengthening regulation, forestalling risks, and promoting the high-quality development of the country’s capital market.

 

The council stated in the guidelines that the country should aim at building a secure, regulated, transparent, open, dynamic, and resilient capital market.

It said that efforts should focus on strengthening regulation, preventing risks, and pushing forward high-quality development to fully harness the functions.

This will also promote the building of a country with a strong financial sector and serve the goal of advancing Chinese modernization, it added. (Xinhua/NAN)