The Central Economic Work Conference pointed out that the volume reduction and quality improvement of small and medium-sized financial institutions will be further promoted, and comprehensive capital market investment and financing reforms will continue to be deepened. In response, Yan Xiang, chief economist of Fangzheng Securities, said in an interview with the Shanghai Securities News that the conference has clarified the direction for further deepening capital market reforms in the future. Comprehensive reforms will continue to be carried out collaboratively on the investment side and financing side to improve the inclusiveness and adaptability of the capital market system in all aspects and enhance the professional ability and willingness of all participants to participate. He said that future reform measures worth paying attention to include: continuing to improve the quality of listed companies and the internal stability of the capital market; continuously improving the capital market pricing mechanism and exit mechanism; further developing and expanding patient capital and promoting the continuous entry of medium- and long-term capital into the market; continuing to improve the level of reasonable dividend repurchase by listed companies to improve investors' returns and sense of return; continuing to strengthen supervision to prevent risks, establish a comprehensive three-dimensional market supervision system; strengthen investor protection and education; and establish a good investment ecology.

The Central Economic Work Conference pointed out that the volume reduction and quality improvement of small and medium-sized financial institutions will be further promoted, and comprehensive capital market investment and financing reforms will continue to be deepened. In response, Yan Xiang, chief economist of Fangzheng Securities, said in an interview with the Shanghai Securities News that the conference has clarified the direction for further deepening capital market reforms in the future. Comprehensive reforms will continue to be carried out collaboratively on the investment side and financing side to improve the inclusiveness and adaptability of the capital market system in all aspects and enhance the professional ability and willingness of all participants to participate. He said that future reform measures worth paying attention to include: continuing to improve the quality of listed companies and the internal stability of the capital market; continuously improving the capital market pricing mechanism and exit mechanism; further developing and expanding patient capital and promoting the continuous entry of medium- and long-term capital into the market; continuing to improve the level of reasonable dividend repurchase by listed companies to improve investors' returns and sense of return; continuing to strengthen supervision to prevent risks, establish a comprehensive three-dimensional market supervision system; strengthen investor protection and education; and establish a good investment ecology.