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Capital market set for sound development
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Experts: Ratio cut in capital market big deal
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China consumer confidence highest in the world | Hellenic Shipping News Worldwide
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Securities firms urged to focus on real economy--China Economic Net
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Directing household savings to equities set to boost capital market By SHI JING in Shanghai | China Daily | Updated: 2020-12-24 09:22 Share CLOSE More vibrancy can be expected in the Chinese capital market next year as more household savings gets channeled into investment. [Photo/VCG]
More vibrancy can be expected in the Chinese capital market next year as more household savings gets channeled into investment, said experts.
The wealth management function of the capital market will help convert more household savings into investment and boost domestic demand, the China Securities Regulatory Commission said in its 2021 work plan announced on Tuesday.
Buoyed by the development, the benchmark Shanghai Composite Index rose by 0.76 percent on Wednesday to 3382.32 points, while the Shenzhen Component Index was up 0.96 percent at 14,015.02 points.