China Securities Regulatory Commission： Accelerating the Pilot Reform of Long-term Stock Investment of Insurance Funds

　　China Securities Network News (Reporter Zan Xiuli) The CSRC reported on January 26th that from January 25th to 26th, the China Securities Regulatory Commission held a systematic work conference in 2024 to summarize the work in 2023, analyze the capital market situation, and study and deploy the key work in 2024.

　　The meeting stressed that it is necessary to highlight the overall planning of "stability" and "progress". Efforts will be made to enhance the internal stability of the capital market, improve the effective mechanism for maintaining the smooth operation of the capital market, strengthen the coordination of all parties, strengthen communication with the market, and stabilize the market and confidence with more powerful and effective measures. We will continue to promote stability by advancing, establish first and then break, further comprehensively deepen the reform of the capital market, and improve the basic system of the capital market. Promote the deepening of the stock issuance registration system, strengthen the supervision of the whole chain of issuance and listing, and evaluate and improve relevant mechanism arrangements. Vigorously promote the reform of the investment side, accelerate the pilot reform of long-term stock investment in insurance funds, improve the long-term assessment of investment institutions, improve the policy environment conducive to medium and long-term funds entering the market, and promote the dynamic balance of investment and financing. Make overall plans for opening up and security, steadily expand the institutional opening of the capital market, and strengthen the construction of regulatory capacity and risk prevention capacity under open conditions. Focusing on the "five major articles", we will improve the multi-level capital market system, optimize the policy environment for the development of private equity venture capital funds, promote the high-quality development of the bond market, explore the futures supervision system and business model with China characteristics, improve the commodity futures variety system, and strive to improve the ability and level of serving high-quality development.