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China to strengthen capital market regulation, risk prevention

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

• April 12, 2024
CHINA STOCK EXCHANGE
China Stock Exchange [Credit: VoxChina]

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

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

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

It added that this will also promote building a country with a strong financial sector and serve the goal of advancing Chinese modernisation. 

(Xinhua/NAN)

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