Securities regulator pledges further opening-up of capital market

China Securities Regulatory Commission (CSRC) in Beijing Photo:VCG

China’s securities regulator pledged on Saturday to further push institutional opening-up of the capital market, with efforts to lure more international financial institutions and talent to the Chinese capital market while facilitating overseas listings of Chinese companies, a senior official said.

Experts said China’s unwavering commitment to expanding high-quality financial opening-up will help integrate the country’s finance sector with the world market, bring rising opportunities for global companies and investors, and most importantly inject stability and confidence into the world economy.

“We will continue to improve relevant institutional arrangements to further facilitate cross-border investment by domestic and foreign investors and better support cross-border financing of companies,” Fang Xinghai, vice chairman of the China Securities Regulatory Commission…

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