Liu Haoling, vice chairman of the China Securities Regulatory Commission, delivered a speech at the 2026 Shanghai Stock Exchange International Investors Conference. Liu Haoling said that China's development has long-term certainty, and there is a solid foundation for investing in China. The current 100 years of changes in the world are evolving at an accelerated pace, the international environment is chaotic and intertwined, and the impact of fluctuations in global liquidity cycles and geographical conflicts continues to test the capital markets of various countries. China has always insisted on using its own high-quality development to inject certainty into the world economy. Since this year, under the strong leadership of the Party Central Committee and the State Council, the Chinese economy has withstood multiple external pressures and maintained smooth operation, showing a good trend of new momentum and improved structure. In the first three quarters of this year, the gross domestic product exceeded 107 trillion yuan, a year-on-year increase of 4.6%. The “15th Five-Year Plan” got off to a good start. This is a solid foundation for the smooth operation of the capital market. The capital market is resilient, and the investment ecosystem continues to improve. In recent years, comprehensive capital market investment and financing reforms have continued to advance, and the “1+6” reform of the Science and Technology Innovation Board, the “six rules of mergers and acquisitions”, the GEM deepening reform, and refinancing optimization policies have continued to be implemented. The construction of a series of systems conducive to “long-term money and long-term investment” has progressed steadily. The scale and proportion of medium- and long-term capital entering the market, such as social security, pensions, and insurance, has steadily increased. Net purchases of A-shares have exceeded 600 billion yuan since the beginning of the year. The operating efficiency of listed companies has continued to improve. Since this year, the scale of dividend repurchases of listed companies has exceeded the amount of IPOs and refinancing, and the investor return mechanism has continued to be consolidated. At the same time, a high level of opening up the capital market to the outside world is progressing in an orderly manner. More and more internationally renowned financial companies are setting up institutions and investing in exhibitions in China. The QFII system and the Shanghai-Shenzhen-Hong Kong Stock Connect mechanism have been continuously optimized to allow QFII to participate in domestic treasury bond futures trading, and RMB treasury bond futures are also listed smoothly in Hong Kong. Continue to strengthen supervisory capacity and risk prevention capacity building in an open environment, and establish a secure bottom line for a high level of opening-up to the outside world.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.