Shang Fulinis a politician of the People's Republic of China. He served as president of the China Securities Regulatory Commission until October, 2011, when he was appointed to lead the China Banking Regulatory Commission... (wikipedia)
But we should go about opening our capital markets in a sound and cautious way, to protect our own industries and the stability of China's economic growth,
China will open its capital market gradually, actively and stably,
Opening of financial markets should be mutually beneficial, but at the same time, developing countries face more competition and risk.
We will accelerate the study of financial derivatives and futures to further develop the market and provide hedging products for investors,
Fair competition and a win-win situation is our objective.
The share reform is the primary task for the capital market reform and development in 2006.