On July 29, the China Securities Regulatory Commission held the 2022 system mid year regulatory work meeting and the long-term mobilization and deployment meeting for the normalization of inspection and rectification, summarizing the work, analyzing the situation, studying and deploying inspection and rectification and key regulatory work in the second half of the year. The meeting pointed out that the current capital market is still facing many pressures and challenges, but we should see the favorable factors in the changing situation and strengthen our confidence. The meeting stressed that we should work hard to meet difficulties and do a good job in the reform, development and stability of the capital market. First, we will earnestly maintain the steady and healthy development of the capital market. Strengthen the system concept, improve the sensitivity and foresight of macro research and judgment, strengthen the linkage monitoring and monitoring of cross-border risks across markets and fields, and maintain the overall stable operation of the stock market, bond market and futures market. Further strengthen internal and external coordination, do a good job in the dynamic evaluation of key links and businesses, improve the rapid response ability, improve the risk response plan, and strive to stay ahead of the market curve. We will improve the management of capital market expectations and strive to create a good external environment. Second, we will solidly promote the reform of the stock issuance registration system. Make every effort to "embroider" and make preparations for the full implementation of the stock issuance registration system. Strengthen the overall planning of the whole chain of issuance supervision, scientifically and reasonably maintain the normalization of new share issuance and maintain a good order of issuance. Guided by the transformation of issuance regulation, accelerate the regulatory transformation of institutions, listed companies and other lines, and improve the overall regulatory efficiency. At the same time, we will deepen the reform of the corporate bond registration system. Third, adhere to the main responsibility and business of supervision. We will strengthen the construction of the basic system of the capital market, promote the formulation of regulations on the supervision of private equity funds, listed companies, corporate bonds and other regulations, promote the reform of the independent director system, and further increase the supply of the rule of law. We should pay close attention to formulating and implementing a new round of action plan to improve the quality of listed companies. Accelerate the improvement of the organic system of administrative law enforcement, civil compensation and criminal punishment, promote the normalization of litigation of special representatives for securities disputes, and further increase the cost of violations of laws and regulations. Fourth, risks in key areas should be safely prevented and handled. We will improve the accountability system for capital market risk prevention, early warning and disposal, and improve our comprehensive, professional and rapid response capabilities. Give further play to the role of the inter ministerial linkage and central local cooperation working mechanism, further promote the risk resolution and disposal of private equity funds, and carry out special rectification of the gold exchange and the "fake gold exchange". Focus on key areas, improve the market-oriented, legalized and diversified bond default risk disposal mechanism, and support enterprises, especially private enterprises, in reasonable and normal financing. Fifth, steadily promote the institutional two-way opening of the capital market. We will promote the implementation of the overseas listing filing system and actively support qualified enterprises to list overseas. Pay close attention to the implementation of capital market opening measures, accelerate the interconnection with overseas markets, and further improve the regulatory capacity under open conditions. Sixth, better serve the overall situation of steady growth. Steadily expand the pilot scope of REITs (real estate investment trusts), accelerate the promotion of normalized issuance, and promote the revitalization of stock assets. We should give full play to the role of the capital market as the main channel for mergers and acquisitions, strengthen multi-level market linkages such as exchanges, the new third board and regional equity markets, and help optimize and adjust the economic structure. Enrich the futures product system, strengthen the futures and cash linkage supervision, and better serve the overall situation of ensuring supply and stabilizing prices. Seventh, vigorously improve the digitalization level of capital market supervision informatization. Focus on the integration of business and technology, promote the construction of regulatory big data warehouse to make breakthroughs, pay attention to the construction of key projects such as the supervision of listed companies, and enhance the sense of front-line supervision. (Xinhua News Agency)