Voices of NPC Delegates and CPPCC Members

As the new chairman, my priority is supervision. I will carry out supervision in accordance with the law, strictly and comprehensively. Only supervision can guarantee successful implementation of reform measures.

— Liu Shiyu, Chairman of China Securities Regulatory Commission (CSRC)

Reinforcing rule of law guarantees the promotion of healthy development of the capital market. Rule of law and multi- level capital market serve as the basic requirements for implementation of the stock registration system. Stock registration system will be the final outcome of the capital market’s comprehensive reform.

— Wu Xiaoling, NPC deputy and Deputy Director of the NPC’S Financial and Economic Committee

Illegal activities in the securities market must be investigated and punished. As for accountability, we need more institutional innovation. First of all, we should lay a solid foundation for rule of law in securities market. I suggest that Shanghai have jurisdiction over all listed companies and that specialized high courts and procuratorates for the securities market be set up, something like today’s maritime court.

— Li Daokui, CPPCC member and a renowned economist

In recent years, law enforcement efforts in China’s capital market have been increasing. Supervision departments should continue to strengthen law enforcement, which requires changes in relevant laws.

— Hou Wailin, CPPCC member and head of CSRC Inspection Team