The Economic Logic Loop of High-Standard Reform and Opening-Up

Fang Xinghai, Vice Chairman of the China Securities Regulatory Commission (CSRC), stated on May 29, 2018, that a fully open Chinese capital market has been established from the perspectives of products, investors, intermediaries, capital flows, and other aspects. As the capital market continues to open up in depth and breadth, it is particularly necessary to enhance our ability to anticipate significant international financial and economic risks, increase the intensity of cross-border regulatory cooperation, and strengthen international regulatory collaboration. Concurrently, we must expedite the development and attraction of regulatory professionals who are knowledgeable about both domestic and international business practices.