The China Securities Regulatory Commission held an expanded Party committee meeting chaired by chairman Wu Qing to align the regulator’s work with President Xi Jinping’s remarks during the 2026 “Two Sessions”, the Government Work Report and the Outline of the 15th Five-Year Plan, and to deploy implementation measures for the CSRC system. The agenda focuses on preventing risks, strengthening supervision and supporting high-quality development of the capital market as the 15th Five-Year Plan period begins. Planned work includes accelerating delivery of key State Council tasks and drafting the capital market plan for the 15th Five-Year Plan period; intensifying linked monitoring and supervision across onshore and offshore markets and across spot and futures markets; further strengthening a market-stabilisation mechanism “with Chinese characteristics”; and pushing listed companies to improve governance and value. On reforms, the CSRC will advance implementation of the STAR Market “1+6” package and the “M&A six measures”, publish and implement a plan to deepen ChiNext reforms, speed up optimisation of the refinancing regime, and expand exit channels for private equity and venture capital funds to encourage more long-term investment in early-stage and hard-tech firms. Enforcement priorities include focusing on major and egregious cases, cracking down on financial fraud, market manipulation, insider trading and false disclosure, improving the regulatory framework, building out the “1+N+X” supervisory system for private funds, and further strengthening investor protection. The meeting also called for tighter internal discipline, stronger oversight of public power, and high-quality follow-through on handling proposals from National People’s Congress deputies and Chinese People’s Political Consultative Conference members, with the aim of turning them into operational measures.