Oct 19 — CSRC Chairman Wu Qing said at the opening of the 2026 Financial Street Forum that the regulator, now and in the coming period, will adhere to the policy of seeking progress while maintaining stability, concentrate on its core responsibilities, strengthen capital-market functions to better coordinate investment and financing, and continue to raise market resilience and confidence to support high-quality development under China’s 15th Five-Year Plan.

The People’s Bank of China and other ministries issued guidance to boost financial support for Beijing (Beijing–Tianjin–Hebei), Shanghai (Yangtze River Delta) and the Guangdong–Hong Kong–Macao Greater Bay Area as international science-and-technology innovation centres. Measures include building an integrated, full‑chain tech‑finance service system across the Yangtze River Delta, with Shanghai to lead a multi‑participant, shared tech‑finance ecosystem and deeper integration of funding, innovation, industry and talent chains. The guidance targets Shanghai, Nanjing, Suzhou, Hangzhou, Ningbo and Hefei, accelerating construction of five regional sci‑tech finance reform pilot zones, freeing cross‑regional factor flows and promoting efficient, balanced allocation of quality financial resources in the delta. It calls for faster implementation of STAR Market reforms and improvements to issuance and listing mechanisms for tech firms; optimisation of G60 Sci‑Tech Corridor regional financial services and scaling of a tech commercialisation fund; strengthened risk‑sharing arrangements, support for innovation in tech insurance and wider use of co‑insurance; cross‑regional mutual recognition of tech‑finance standards; support for cross‑regional operations and “sci‑tech enclave” development; and fuller use of cross‑border financing facilitation policies.

國際鉛鋅研究小組預計，2026年全球精煉鉛金屬供應將超出需求9萬噸。2027年預計過剩量將擴大至16.3萬噸。