Yesterday (24th), Wu Qing, Chairman of the China Securities Regulatory Commission, said that the capital market should actively integrate into the new national system of scientific and technological innovation, promote the various tasks of the capital market to serve new industrialization, and smooth the virtuous cycle of "technology-industry-finance".

Wu Qing said that the China Securities Regulatory Commission will improve the policy system for the capital market to support the development of new quality productivity, improve and optimize the systems and mechanisms for enterprise listing, listing financing, and mergers and acquisitions, give full play to the supporting role of private equity venture capital funds in strategic emerging industries and science and technology enterprises, give full play to the supporting role of the bond market in new industrialization, optimize overseas listing services to effectively improve the financing efficiency of various new technologies, new industries and new business formats, actively give full play to the supporting role of the futures market in new industrialization, and actively guide securities companies and fund companies to support technological innovation.

In the next step, China Securities Regulatory Commission will further improve the service coverage and accuracy of the multi-level capital market. Continue to promote the implementation of the "Sixteen Measures for Science and Technology Innovation" and "Eight Measures for Science and Technology Innovation Board". Support listed companies to transform and upgrade through mergers and acquisitions. Promote long-term funds to enter the market and strengthen patient capital. At the same time, optimize support policies around the entire chain of "funding, investment, management and withdrawal" for venture capital and private equity investment, and guide better investment in early, small and hard technology.