China's Securities Regulator Vows Stable Market and Enhanced Foreign Access

Stock News07-22 16:48

The Chairman of the China Securities Regulatory Commission (CSRC), Wu Qing, met with John Graham, President and CEO of the Canada Pension Plan Investment Board (CPP Investments), in Beijing on July 21st.

Discussions centered on the global and Chinese economic and financial landscapes, as well as investment opportunities within China's capital markets.

Wu Qing remarked that despite a complex and evolving international environment, the Chinese economy demonstrated resilience and vitality in the first half of the year, maintaining overall stability and a positive development trajectory towards higher quality.

The CSRC is committed to pursuing progress while ensuring stability, resolutely safeguarding the stable and healthy operation of the capital markets.

The commission will also work to steadily expand high-level institutional opening-up and continuously improve the convenience for foreign capital to participate in the market.

International institutional investors, including CPP Investments, are welcomed to increase their investments in China to share in the benefits of the nation's economic and capital market reforms.

John Graham stated that as a globally-oriented, long-term investment institution, CPP Investments places high importance on and maintains a positive outlook regarding the outcomes of China's economic reforms.

China remains a significant and long-term focus within the firm's global investment strategy.

CPP Investments intends to continue adhering to its value investment philosophy and actively pursue investment opportunities in China.

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