On the morning of January 23, the State Information Office held a press conference to introduce the situation of vigorously promoting the entry of medium- and long-term funds into the market and promoting the high-quality development of the capital market, and answering questions from reporters.
At the press conference, Wu Qing, Chairman of the China Securities Regulatory Commission, said that China's economic prospects are bright and China's capital market has huge potential for development. More foreign investment is welcome to invest in the A-share market.
From the perspective of foreign capital participating in investment transactions in the A-share market, as of the end of last year, 866 qualified overseas institutional investors obtained investment qualifications, and foreign capital held a total of approximately RMB 3 trillion in A-shares through the two channels of qualified overseas institutional investors and the Shanghai and Shenzhen Stock Connect. Foreign capital is one of the important sources of funds in the A-share market at present. Wu Qing, chairman of the China Securities Regulatory Commission, said that the next step will attract and facilitate foreign investment in the A-share market from four aspects.
Wu Qing, Chairman of the China Securities Regulatory Commission: First, further optimize the system of qualified overseas investors and improve the capital market interconnection mechanism; second, enrich the supply of cross-border investment and risk management products; third, continue to strengthen communication and contact with international investors, promote the resolution of foreign-invested institutions' concerns and reasonable demands, etc., and further improve relevant mechanisms; fourth, strengthen the construction of regulatory capacity under the conditions of opening the capital market to maintain the stable operation of the market.
