• CHI CBIRC and CHI CSRC held 14th Lujiazui forum 2023 with topic namely global financial openness and cooperation: new driving forces for economic recovery.

Speech by CHI CBIRC Li Yunze

• Optimize financial products and services; increase financial support in key areas such as advanced manufacturing; improve environment for private investment/financing.
• Strength financial supervision and protect rights and interest of financial consumers.
• Reform regulatory system as well as continue to improve prudential regulatory rules.
• Over 50 measures such as cancelling restrictions on shareholding ratio of foreign firm.
• Encourage qualified foreign-funded institutions to participate in various business pilots.

Speech by CHI CSRC Yi Huiman

• Implement a new round of three-year action plans to improve quality of listed firms including improving supervision mechanism and quality of information disclosure.
• Promote development of equity funds and private equity asset management products.
• Promote the increase of equity asset allocation for medium and long-term funds.
• Support pilot program in Pudong new area; help Shanghai to improve the systems.
• CHI AMAC also published speech delivered by Yi Huiman on website.