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CSRC Vice Chairman: CSRC to Resolutely Prevent Wild Mkt Ups & Downs
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Li Ming, Vice Chairman of the China Securities Regulatory Commission (CSRC), said at the Shanghai Stock Exchange Global Investors Conference today (12th) that China's economy possesses a solid foundation, multiple advantages, strong resilience and substantial potential.

The fundamental conditions and underlying trends supporting long-term positive development remained unchanged. The capital market possesses sound foundational conditions for stable and healthy operation.

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The CSRC will deepen comprehensive reforms in investment and financing, focusing on enhancing the inclusiveness and adaptability of capital market systems.

Furthermore, strategic force reserves and the construction of market stabilization mechanisms will be strengthened to enhance the capital market's intrinsic stability, resolutely preventing wild fluctuations and abrupt hikes and falls in the market.
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