On January 11th, an article in the Economic Daily stated that it is crucial to strengthen patient capital and maintain stable investment expectations. The patience of capital does not arise for no reason, it requires a stable, transparent, and predictable environment to nurture it. This requires efforts to enhance the synergy and consistency of macro policy orientation, strengthen the coordination and cooperation of fiscal, monetary, industrial, technological and other policies, improve the transparency of policy formulation and implementation, enhance market understanding and trust, and create a safer investment environment for patient capital. Especially, it is necessary to improve and perfect the basic system of the capital market that is suitable for long-term investment, optimize the entire chain and various links of “fundraising, investment management, and withdrawal”, and strengthen investor protection. For bad behaviors such as financial fraud, fraudulent issuance, and market manipulation, we must adhere to a “zero tolerance” law enforcement attitude, ensure the fairness, impartiality, and openness of the market, and enable capital to “bend down, let go, and work for a long time”, becoming a long-distance partner for innovation and entrepreneurship.
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