Creating a Good Market Ecology to Support the Development of the Real Economy and Realizing a Benign Cycle of Capital Market Development | Capital Market | Economy

Release time:Apr 14, 2024 11:29 AM

CCTV News: The Political Bureau of the Central Committee of the Communist Party of China held a meeting on July 24th to analyze and study the current economic situation and deploy economic work for the second half of the year. This meeting proposes for the first time to "activate the capital market and boost investor confidence". Experts say that this is of great significance for the healthy development of the future capital market.

Experts say that the capital market is highly sensitive to macroeconomic factors, industry policies, and the performance of micro business entities. Its trend is the result of the combined effects of various factors such as fundamentals, policies, funds, emotions, and overseas environment. To activate the capital market and boost investor confidence, it is necessary to boost the confidence of all parties in the market and activate market sentiment.

Tian Lihui, Dean of the Institute of Financial Development at Nankai University: A positive capital market means higher expected returns on capital. The foundation behind this requires a sustained economic recovery, and the positive development trend of the real economy will gradually be reflected through the capital market. On the other hand, a positive capital market is conducive to attracting more private capital to invest in it, thereby better leveraging the positive role of direct financing in the capital market to support the development of the real economy. The two promote each other and form a virtuous cycle.

Creating a Good Market Ecology to Support the Development of the Real Economy and Realizing a Benign Cycle of Capital Market Development | Capital Market | Economy

Experts say that the healthy development of the capital market will also be of great significance for achieving macroeconomic goals in the second half of the year. At present, the country vigorously promotes the construction of a modern industrial system, which cannot be separated from the financial support of the capital market. The capital market plays a crucial role in empowering the transformation of technological achievements and facilitating a virtuous cycle of "technology industry finance".

Yang Delong, Chief Economist of Qianhai Open Source Fund: The strategic emerging industries vigorously developed by the country, including digital economy, advanced manufacturing, modern service industry, etc., are mostly areas that are not easily accessible through indirect financing, and require direct financing methods such as equity investment and capital market refinancing to support related industries. In addition, promoting the development and growth of the private economy requires the demonstration effect of the capital market.

Market trading activity rebounds, looking forward to more favorable policies

Experts say that emphasizing the activity of the capital market has also put forward higher requirements for the further construction of the capital market, and they look forward to more favorable policies being introduced.

Experts say that continuously and steadily creating value is an important factor in evaluating a company's valuation in the capital market. With the continuous improvement of governance, competitiveness, and innovation capabilities of listed companies in China, their performance will continue to be recognized by investors, which will also make the role of capital markets in rewarding investors more significant.

Since the beginning of this year, both reform measures and measures to strengthen penetrating supervision, strictly and quickly investigate typical illegal cases, and create a good market ecosystem have been steadily advancing. This will help improve the expectations and confidence of capital market investors, and the activity of market transactions is expected to further recover. At the same time, a positive capital market will also increase residents' wealth, boost confidence, and promote consumer demand.

Lu Zhe, Chief Economist of Debon Securities: Taking comprehensive measures from the investment side, financing side, trading side, and other aspects, and working together, will help to comprehensively enhance the functionality of the capital market, which will also drive more medium - and long-term funds to enter the capital market. We also look forward to more policies that protect investors, such as the reform of public fund fees, to continue to be implemented, boost investor confidence, and help investors obtain relatively stable returns in value investments.

Guiding the right direction for promoting the development of the international human rights cause -- President Xi Jinping's congratulatory letter to the high-end forum on global human rights governance triggered a warm response to the high-end forum on global human rights governance

Xinhua News Agency, Beijing, June 14th, title: To guide the right direction for the development of international human rights -- President Xi Jinping's congratulatory letter to the Global Human Rights Governance High-end Forum triggered a warm response Xinhua News Agency reporter "China is willing to work with the international community to implement the Vienna Declaration The spirit of the" Program of Action "promotes the development of global human rights governance in a more fair, just, reasonable and inclusive direction, and promotes the construction of a community with a shared future world." On June 14, President Xi Jinping sent a congratulatory letter to the high-end forum on global human rights governance, which triggered a warm response from Chinese and foreign guests. They said that President Xi Jinping's congratulatory letter put forward China's propositions on the development of the international human rights cause and global human rights governance, and clarified China's vivid practice of implementing the spirit of the Vienna Declaration and Program of Action and respecting and protecting human rights.

Micro Video | Strengthening the Construction of an Education Strong Country, Comprehensively Improving Population Quality with High Quality | Population | Micro Video

June 11th is China Population Day. Population development is a major event related to the great rejuvenation of the Chinese nation. The first meeting of the 20th Central Financial and Economic Commission recently stressed that Chinese path to modernization should be supported by high-quality population development. The meeting proposed to regard the construction of an education strong country as a strategic project for high-quality population development, comprehensively improving the scientific and cultural quality, health quality, and ideological and moral quality of the population. High quality scientific and cultural supply is continuously improving the scientific and cultural literacy of the people. The report of the 20th National Congress of the Communist Party of China clearly proposes to "strengthen youth sports work". Rock climbing, baseball, running, ice sports... Sports activities are gradually being added to students' schedules and becoming an essential part of their learning and life. The 14th Five Year Plan for Cultural Development points out that improving families and schools

The overall stable operation of domestic prices - Interpretation of May CPI and PPI data month | year-on-year | Overall

Xinhua News Agency, Beijing, June 9th (Xinhua) -- The overall stability of domestic prices -- Interpretation of May CPI and PPI data. Xinhua News Agency reporters Wei Yukun and Han Jianuo released data on June 9th, showing that consumer demand continued to recover in May, with the national consumer price index rising by 0.2% year-on-year, an increase of 0.1 percentage points from the previous month; Excluding food and energy prices, the core CPI increased by 0.6% year-on-year, and the overall operation of domestic prices remained stable. In China's CPI basket of goods, food accounts for a relatively high proportion. In May, food prices increased by 1% year-on-year, an increase of 0.6 percentage points compared to the previous month. Among them, the prices of poultry, edible oil, and fresh fruits have increased by 5.6%, 3.6%, and 3.4% respectively, with all increases falling back; The price of pork has decreased from a 4% increase last month

The Construction of Modern Civilization of the Chinese Nation injects inexhaustible spiritual Power into the Promotion of Chinese-style Modernization-General Secretary Xi Jinping's important speech at the Symposium on Cultural inheritance and Development aroused strong repercussions in China | Chinese Civilization | General Secretary

Everyone said that on the new journey of comprehensively promoting the great rejuvenation of the Chinese nation, we should be firm in cultural self-confidence, take on the mission, and work hard to learn rich nutrition from the excellent traditional Chinese culture, refine and sublimate in the great practice of Chinese path to modernization, so that the Chinese civilization can glow with new vitality and vitality, and inject strong civilization nourishment and spiritual strength into the construction of a strong country and national rejuvenation. The cultural and national fortunes are intertwined, and the cultural context is connected to the national context.