Quotable quotes from 2021 Financial Street Forum

chinadaily.com.cn | Updated: 2021-10-22 06:40
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Yi Huiman, chairman of the China Securities Regulatory Commission, the top securities regulator

Yi Huiman, chairman of the China Securities Regulatory Commission. [Photo/China Daily]

Stricter regulation of mergers and acquisitions in some sensitive areas will be adopted to contain risk spillover, and different stakeholders should step up concerted efforts to establish a system of preventing the irregular expansion of capital.

The flow of capital is important for pushing forward technological innovation and high-quality development, but the nature of capital to expand on its own could lead to monopolies and harm the interests of consumers and smaller businesses.

Market-oriented methods will be adopted to mitigate bond default risks, such as asset sales, debt restructuring and the introduction of strategic investment by bond issuers and relevant parties.

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