Recently, while browsing sporadically on the Internet, I noticed a series of speeches by Professor Wu Xiaoqiu of Renmin University on China. Through his remarks, I feel that he is an expert who understands China and analyzes problems realistically. He not only provides an in-depth analysis of the current market conditions, but also provides forward-looking insights and recommendations. This prompted me to collate some of his main points and provide you with a perspective on China's development trends.
As the dean of the National Institute of Financial Research of Chinese University, Professor Wu Xiaoqiu not only has a deep theoretical foundation, but also has rich practical experience. His main points and recommendations include:
1.Emphasizing the importance of restoring market confidence: "Restoring confidence and stabilizing the market, which is what I call stopping the bleeding, is the most important task and the top priority at present. In order to restore market confidence and stability**, the IPO process needs to be suspended and the registration system needs to be further improved. This is not only because it takes time for the market to absorb and adapt to the current economic conditions, but also because the deficiencies that exist in the registration system need to be addressed in order to guarantee the healthy development of the market.
2.He put forward his own views on the functional transformation of the capital market: "In order to restore the investment function and wealth management function of China's capital market, we need to think about three nodes: the asset supply side, the demand side or the capital side, and the transaction side. Wu Xiaoqiu believes that the functional transformation of the market is essential to achieve long-term stable development.
3.In terms of rules, Wu Xiaoqiu put forward the necessity of reform: "The most important thing is to further rationally restrict the stock assets. This reflects concerns about the market instability that the current rules may cause.
4.Emphasizing the importance of investors' interests: "Investors' money is not for the public good, it needs to be returned. It shows that in the capital market, it is very important to protect the interests of investors and ensure that investors can obtain reasonable returns.
Through Professor Wu Xiaoqiu's point of view, we can see Professor Wu Xiaoqiu's consideration of China's development. His proposal not only focuses on short-term market stability, but also attaches more importance to the importance of achieving long-term healthy development through institutional reform.
Looking to the future, we have reason to believe that with continuous reform and optimization, China** will be able to achieve more healthy, stable and sustainable development. Investors will also enjoy the dividends brought by the capital market in this process.
For everyone who pays attention to China, it is also a valuable learning experience to understand and digest the views of experts such as Wu Xiaoqiu.