CSRC Hubei director proposes to promote medium and long-term funds for capital market

Li Bingheng, deputy of the National People’s Congress and director of the Hubei Bureau of the China Securities Regulatory Commission (CSRC), proposed at a review meeting of the Two Sessions to support and promote the entry into the market of medium and long-term funds such as social security, insurance, basic pensions, enterprise annuities, and occupational annuities.

Li Bingheng, deputy of the National People’s Congress and director of the Hubei Bureau of the China Securities Regulatory Commission (CSRC), proposed at a review meeting of the Two Sessions to support and promote the entry into the market of medium and long-term funds such as social security, insurance, basic pensions, enterprise annuities, and occupational annuities.

He also suggested that the government should increase the connection and synergy between the capital market and monetary and fiscal policies. He also suggested that the government set up the Yangtze River Economic Zone Development Bank in Wuhan.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/27/csrc-hubei-director-proposes-to-promote-medium-and-long-term-funds-for-capital-market/.

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