[Li Ming, China Securities Regulatory Commission: Continue to improve the regulations and systems of the fund industry Promoting the high-level opening of the capital market] On October 21, Li Ming, vice chairman of the China Securities Regulatory Commission, said when participating in the main forum of the China Securities Regulatory Commission at the 2026 Financial Street Forum Annual Meeting that the current global asset management industry is ushering in a period of strategic opportunities for development, and the high-quality development of China's economy and capital market has created favorable conditions for the development of the industry. environment, the fund industry must adhere to a systematic concept, coordinate and grasp the four pairs of relationships between service entities and industry development, scale expansion and return to investors, innovative development and compliance risk control, "bringing in" and "going out", so as to realize a leap in the value of its own functions while serving the high-quality development of the economy and better returning investors. The China Securities Regulatory Commission will continue to improve industry regulations and systems, innovate regulatory service mechanisms, steadily promote high-level opening up of the capital market, and promote the construction of first-class investment institutions to continue to deepen and consolidate. (Securities Times)