National Committee member of the Chinese People's Political Consultative Conference and Chairman of the Board of Directors of Guotai Junan International, Yan Feng: I suggest to gradually lower the threshold for qualified investors in the Hong Kong Stock Connect at the appropriate time and in stages.
During this year's National People's Congress and Chinese People's Political Consultative Conference, Yan Feng, a member of the National Committee of the Chinese People's Political Consultative Conference and Chairman of the Board of Directors of Guotai Junan International, proposed that China's assets rely on China's strong economic resilience and breakthroughs in new productive forces, becoming a favorable option for attracting global capital to support global rebalancing. To achieve this, Yan Feng suggested the following strategies:
1. Make good use of the "China investment" leverage to strengthen market foundation. It is recommended to timely and gradually lower the threshold for qualified investors in the Hong Kong Stock Connect.
2. Highlight the theme of "investing in China" to attract global capital.
3. Deepen the reform of the market maker system to enhance market liquidity and effectiveness.
4. Improve the risk prevention and control system to prevent the occurrence of systemic risks.
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