(Beijing News) Yi Hui Man, the chairman of the China Securities Supervision and Administration Commission, said that the stock market is rising or falling.We must always adhere to the bottom line of thinking and resolutely prevent abnormal fluctuations in "market failures".

The Central Committee of the Communist Party of China seeks the magazine website on Monday that an article on Monday published an article on the signature of Yizheng, entitled to build a modern capital market with Chinese characteristics.Yi Hui Man pointed out that the stable operation of the capital market is the basis for maintaining the normal function of the function, and it is also the basic prerequisite for advancing reform and better serving the real economy.We must keep the risk bottom line and grasp the degree. At the same time, we must realize that the stability of the capital market is not to be kept, but it is changed. It must be kept to stimulate the vitality of the market through reform, enhance market toughness and high -quality development through reform, enhance market toughness and high -quality development.Endogenous motivation.

Talking about the role of the Securities Regulatory Commission, it will be easy to say that the Securities and Futures Commission will continue to take the maintenance market as the top priority to work, strengthen macro research and judgment, and focus on stable expectations, stable listed companies, stable capital, and stable markets.The behavior continues to make efforts, strengthen the monitoring and analysis of marginal changes such as market capital flow, investor behavior, and performance of listed companies, improve the stability mechanism of the capital market, and improve the risk response plan under extreme circumstances.

Regarding the next step of reform of the capital market, it is easy to say that it is necessary to fully implement the stock issuance registration system to promote the optimization of resources; improve the multi -level capital market system to help stabilize the macroeconomic marketThe "barometer" function of the capital market.

Yi Hui Man pointed out that after nearly three years of pilot exploration, the conditions for the implementation of stock issuance registration system have been basically available.In the next step, the CSRC will make various preparations to ensure that this major reform will land smoothly.