During the seminar, everyone unanimously agreed that with the implementation of the new 'National Nine Articles' and the Capital Markets '1+N' policy system, a package of targeted incremental policies is continually exerting its influence, and the Capital Markets are generally maintaining a stable running, with a further focus on the market ecology that emphasizes investor returns, significantly enhancing its appeal to various types of funds. Recently, the Central Economic Work Conference has made clear arrangements for the reform, development, and stability of the Capital Markets, fully reflecting the Party Central Committee and the State Council's high regard and earnest expectations for the Capital Markets. Everyone is filled with confidence in the stable and healthy development of the Capital Markets and holds a long-term bullish outlook.

Meanwhile, conference representatives proposed specific suggestions on how to follow the path of financial development with Chinese characteristics, further improving the reform and development of the Capital Markets and regulatory work, including: placing greater emphasis on balance in investment and financing, further addressing bottlenecks in medium- and long-term capital entering the market from areas like improving accounting treatments and assessment mechanisms, continuously enhancing a supportive policy system for 'long money long investment', accelerating the reform of public funds, and expanding long-term capital and patient capital; improving the systems for issuing, listing, Refinancing, and Shareholding, enhancing the inclusivity and adaptability of regulations, better supporting technological innovation and the development of new productive forces; optimizing and extending the QFII and HK->SZ mechanisms, continuously promoting high-level institutional opening of the Capital Markets; enriching the supply of Capital Markets products like ETFs to better meet investor demands; continually increasing punitive measures against serious illegal and irregular behaviors like financial fraud, better protecting the legitimate rights and interests of investors; actively leveraging the role of media, strengthening communication with investors, and enhancing trust among all parties; and so on.

Wu Qing emphasized that the Securities Regulatory Commission will deeply implement the arrangements of the Twentieth National Congress's Third Plenary Session and the Central Economic Work Conference, gaining a deeper understanding of the main characteristics and operational laws of China's Capital Markets, and following the path of financial development with Chinese characteristics. The focus will be on seeking progress while maintaining stability, promoting the effective implementation of the new 'National Nine Articles' and the Capital Markets '1+N' policy. By adhering to market-oriented and rule-of-law approaches, and using deepening comprehensive reforms of investment and financing in the Capital Markets as a guide, efforts will be accelerated to advance a new round of reform and opening of the Capital Markets, actively contributing to the sustained rebound and positive high-quality development of the economy. As participants, builders, and researchers of the Capital Markets, it is hoped that everyone will unite their efforts, actively provide suggestions and ideas, and jointly promote the high-quality development of the Capital Markets.