More effort should be made to push forward the healthy and
stable development of China's capital market, which is an important
part of the socialist market economy, said Vice Premier Huang
Ju in Beijing on Thursday.
Huang, also a member of the Standing Committee of the Political
Bureau of the Communist Party of China (CPC) Central Committee,
made the remark at a forum on the country's securities and futures
supervision work.
Since early last year China has made progress in boosting reform
of the capital market, enhancing supervision, improving the quality
of listed companies, solving the split share structure problem and
developing institutional investors, he acknowledged.
This year is the start of China's 11th Five-Year Guideline
period (2006-2010), as well as a crucial year for the reform of the
capital market, he said.
The circular on boosting reform and opening-up of the capital
market, which was issued by the State Council, should be fully
implemented and the split share reform should be continued in the
new year, Huang said.
(Xinhua News Agency January 13, 2006)