Senior planning officials leaked confidential shaking the new Bureau of the stock market.

<P> China Securities Regulatory Commission is currently studying the development of "China's Capital Market Development Report", the future development of capital markets to make long-term planning, and innovation in products and services to make forward planning. .Report is expected to be completed before the first half of next year. .This is the Commission Qi Bin, head of research center yesterday, "to promote the harmonious growth", Forum on China to disclose the information. .</ P> <P> Qi Bin said that in 2007, China's capital market will enter a new stage of development. .Therefore, we must continue efforts to improve the market mechanism, and further promote the sustained, healthy and stable development of capital markets. .He believes in ensuring the successful completion of the share reform, continue to promote the governance of listed companies, while debts, the future should focus on four aspects of the work to do. .</ P> <P> first is to strengthen the planning of capital market development. .He said that after a series of reforms and institutional building, China's capital market has entered a new stage of development, the market mechanism gradually straighten out, which makes what it takes and that could have long-term capital market development strategic planning. .Working on the formulation of "China's Capital Market Development Report," China's capital market will be the stage of development for international comparisons, and on this basis, the capital market to make long-term planning. .Meanwhile, innovation in products and services will enhance forward planning, the market clearly the main direction of future development in order to ensure steady and healthy market development. .</ P> <P> The second is to deepen the market system, improve market innovation mechanism, continue to push forward reform of distribution system, improve the A + H model, to further improve the efficiency of the financing for the future development of capital markets to open up space; continue to improve listed companies .incentive mechanism and market discipline mechanisms to promote public company bigger and stronger; same time, further simplification of administrative approval procedures, and promote innovative government-led mechanism to a market-oriented innovation system changes. .</ P> <P> In addition, the main active foster market innovation, and create a fair, competitive and efficient environment for innovation, risk control, measurable, affordable, under the premise of the vigorous promotion of market innovation, a wealth of investment products and trading ., has introduced to adapt to market development, to meet the different needs of investors in financial derivatives, structured products, fixed income and asset securitization products, thereby mobilizing the enthusiasm of the market, improve market liquidity and promote the development of institutional investors. .</ P> <P> third is to improve the level of market integrity, promoting healthy capital market culture. .Qi Bin, believes that this option both to further promote the formation of the culture so that managers of listed companies and investors greater respect for the legitimate rights of the shareholders, for the community to reduce the rights of shareholders improper interference and damage, but also the integrity of the building to further strengthen the capital market .. .</ P> <P> Fourth, to explore the era after the establishment of tradable shares a more rational regulatory system, strengthening market supervision. .He believes that, in the new market environment, illegal activities may present new characteristics, thereby increasing the difficulty of supervision; the other hand, participation in international capital regulation and market innovation also brings new challenges. .Therefore, we must continue to improve supervision of the ideas, models and content, but also the organic combination of administrative examination and approval of regulation and information disclosure, strengthening the information disclosure system construction, and increase information disclosure regulation, information disclosure regulation to promote innovation and exploration, and enhance the timeliness of disclosure .and transparency, and gradually establish a three-dimensional, multi-level regulatory system. .</ P>.