Wu Qing: China's fund industry is currently at a critical juncture of transitioning from quantity expansion to quality improvement.

The China Securities Regulatory Commission (CSRC) released Wu Qing's speech at the fourth annual meeting of the China Securities Investment Fund Industry Association. Wu Qing pointed out that overall, China's fund industry is at a critical period of transition from quantitative expansion to qualitative improvement. The entire industry needs to scientifically grasp the overall situation, further strengthen its mission responsibility of serving the country in finance, seize opportunities, face challenges, return to the essence, train its internal strength, solidly handle its own affairs, and better serve the high-quality development of the country's strategic, people's livelihood, and sustainable and healthy development of the capital market.