China continues to deepen capital market reform, official says

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

Beijing, October 29 (Xinhua) — China continues to deepen capital market reform and expand high-level financial sector opening, taking decisive steps, Vice Premier He Lifeng announced in Beijing on Wednesday.

He Lifeng, also a member of the Politburo of the CPC Central Committee, made the statement during a meeting with members of the International Advisory Council of the China Securities Regulatory Commission.

Noting that China has comprehensively implemented the spirit of the Fourth Plenary Session of the 20th CPC Central Committee, he said China is promoting the high-quality development of the country's financial sector to advance China's modernization and welcomes more foreign financial institutions and long-term capital to invest and do business in the country.

The advisory board members praised China's achievements in strengthening capital market reform and opening up in recent years and emphasized their optimism about the prospects for China's economy and capital market development. They also expressed their willingness to strengthen their presence in the Chinese market and continuously expand investment cooperation with China.

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