China to strengthen capital market regulation, risk prevention ...Middle East

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China to strengthen capital market regulation, risk prevention
BEIJING: China’s State Council has released a guideline on strengthening regulation, forestalling risks, and promoting the high-quality development of the capital market.This is the third guideline document on the capital market from the State Council in two decades. The first two were issued in 2004 and 2014, respectively, reported Xinhua.The country should build a secure, regulated, transparent, open, dynamic, and resilient capital market, the guideline noted.In this regard, efforts should focus on strengthening regulation, preventing risks, and pushing forward high-quality development to fully harness the functions and roles of the capital market, promote the building of a country with a

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