China to strengthen capital market regulation, risk prevention

BEIJING - China's State Council has released a guideline on strengthening regulation, forestalling risks and promoting the high-quality development of the capital market.

The country should aim at building a secure, regulated, transparent, open, dynamic and resilient capital market, the guideline noted.

In this regard, efforts should focus on strengthening regulation, preventing risks and pushing forward high-quality development to fully harness the functions and roles of the capital market, promote the building of a country with a strong financial sector and serve the goal of advancing Chinese modernization.