National People's Congress delegate and Peking University Boya Distinguished Professor Tian Xuan: This year's focus in the capital market is on "optimizing the ecosystem."

National People’s Congress delegate and Peking University Bo Ya Distinguished Professor Tian Xuan stated that, centered around “serving the real economy and promoting high-quality development,” the country’s guidance on the development path of the capital market has been very clear in recent years: 2024 emphasizes “enhancing the intrinsic stability of the capital market,” 2025 focuses on “actively stabilizing the capital market,” and this year’s focus is on “optimizing the ecosystem.” “Continuously deepening the comprehensive reform of capital market investment and financing, further improving the mechanism for medium- and long-term funds to enter the market, perfecting investor protection systems, expanding exit channels for private equity and venture capital funds, and increasing the proportion of direct financing and equity financing.” He said this also means that the market is likely stable now, and future efforts will use reforms to address the intrinsic structural issues of the capital market. Through deepening reforms, making the investment and financing functions of the capital market more coordinated, it will truly become an important platform for cultivating new productive forces and supporting the real economy. (People’s Financial News)