CSRC: Exploring Systems and Practices Better Suited for Innovative SMEs

Wang Li, Deputy Director of the General Office of the CSRC, stated at a press conference during the 2026 Financial Street Forum Annual Meeting that over the past five years, the CSRC has solidly promoted high-quality market development. The Beijing Stock Exchange (BSE) has operated safely and stably with its functions effectively utilized, yielding positive results in market construction. Key achievements include: effectively supporting innovation and development by SMEs; substantially enhancing market vitality and resilience; actively building a stock-bond linked market structure; and continuously improving a favorable market ecosystem for serving SME development. Wang Li added that moving forward, the CSRC will implement the deployment of the "15th Five-Year" Plan Outline, based on the overall landscape of multi-level capital markets, to promote integrated high-quality development of the BSE and the New Third Board (NEEQ). The agency will explore systems and practices better suited for innovative SMEs, deepen reform and innovation, enrich its product portfolio, strengthen functional performance, and better contribute to building a financial powerhouse and achieving high-quality economic development. (Cailian Press)