CSRC: By 2026, accelerate legislation and amendments in key areas, enhance the inclusiveness, adaptability, competitiveness, and attractiveness of the system

The China Securities Regulatory Commission released an update on the development of a law-based government in 2025. In 2026, the China Securities Regulatory Commission will adhere to a proactive approach while ensuring stability, focusing on improving quality and efficiency. It will closely follow the main line of work centered on preventing risks, strengthening regulation, and promoting high-quality development. It will enhance regulatory effectiveness and protect investors’ legitimate rights and interests, advancing modernization of the governance system and governance capacity for the capital market on a law-based track. It will research and formulate a plan for building a law-based framework for the capital market, accelerate legislation and amendments in key areas, and improve the inclusiveness, adaptability, and competitiveness and attractiveness of the制度. It will comprehensively implement the requirements for strict and comprehensive crackdowns on securities-related violations according to law, and uphold “teeth with thorns” in regulatory enforcement—sharp-edged and firm—so as to severely crack down on all types of illegal and criminal activities involving securities and futures. It will strengthen protection for small and medium-sized investors in the capital market, and work to roll out more representative lawsuits and advance compensation cases, to effectively enhance investors’ sense of gain. It will research and formulate a plan for building integrity, ensure that credit-based regulation is implemented effectively, and continuously and actively foster a market environment that respects law and keeps promises. It will help drive high-quality development of the capital market to reach a new level, and support achieving a good start to the “15th Five-Year Plan period.”