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Who said what at Lujiazui Forum

chinadaily.com.cn | Updated: 2018-06-15 13:57
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Fang Xinghai, vice-chairman of the China Securities Regulatory Commission. [Photo/lujiazuiforum.org]

The China Securities Regulatory Commission is studying new mechanisms and tools to increase the A-share market's inclusion rate in the MSCI Emerging Markets Index from 5 percent to 15 percent, said CSRC Vice-Chairman Fang Xinghai.

The securities regulator has also further opened up the capital market as expanding opening-up is vital to its stable and healthy development, he said.

"From the perspective of global competition, China needs an international financial center that has its say worldwide. Unilateral trade and trade protectionism will not last long since the multipolarization of the world economy is now irreversible," Fang added.

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