A view of the headquarters of the China Securities Regulatory Commission in Beijing. (Photo/China Daily) China's ongoing capital market opening-up, with the connect programs between the Chinese mainland and Hong Kong markets serving as one good example, will be further advanced to inject more vitality into the markets and facilitate the country's high quality economic growth, said officials and industry experts. The China Securities Regulatory Commission, the country's top stock market watchdog, is advancing a new round of deepened and comprehensive reform and opening-up of the Chinese capital market at a faster pace, CSRC Chairman Wu Qing said on Monday.
Wu made the comments during a forum which was held in Hong Kong on Monday to celebrate the 10th anniversary of the connectivity programs. More pragmatic measures will be introduced to further open up the market and facilitate cross-border investment and financing, he added. By firmly adhering to market-based and internationally accepted practices, as well as the rule of law, the CSRC will create a better environment for international investors to further tap into the Chinese market, Wu said.
During the same forum on Monday, CSRC Vice-Chairman Li Ming said that efforts will be made to further optimize and complete the connectivity programs between the Chinese mainland and Hong Kong markets. The investable targets included in the stock connect mechanism linking the Shanghai, Shenzhen and Hong Kong bourses will be expanded, Li .
