UBS Securities chief China economist Song Yu said Q3 GDP growth exceeded
expectations, substantially reducing pressure to achieve about 4.5% full-year
growth. At the Oct. 19 Financial Street Forum opening, CSRC Chairman Wu Qing
signaled continued policy support for capital markets and stressed attracting
long-term, patient capital—critical for tech-innovation financing. Wu called for
reforming investor performance evaluation and loosening investment restrictions
that now limit many potential long-term investors, saying such steps would raise
market stability and improve returns.
