The CSRC published Wu Qing's opening remarks at the inaugural China Capital
Market Academic Conference, in which he called for further research into
long-term market-stability mechanisms. He said China's capital markets are now
more tightly linked to global markets and, amid high external uncertainty and
imported risks, regulators must deepen study of global market cycles,
asset-pricing evolution and risk transmission. He urged stronger cross-border,
cross-market and cross-industry risk research and response, and systematic
construction of stability mechanisms, capabilities and market ecology to
effectively guard against abnormal market volatility.