The opinions of the CPC Central Committee and the State Council on accelerating the construction of a national unified market were issued. The opinions of the CPC Central Committee and the State Council on accelerating the construction of a national unified market was released on the 10th. Building a national unified market is the basic support and internal requirement of building a new development pattern. It is clear that we should speed up the establishment of a unified national market system and rules, break local protection and market segmentation, open up the key blocking points restricting the economic cycle, promote the smooth flow of commodity factor resources on a larger scale, and speed up the construction of an efficient, standardized, fair competition and fully open national unified market. On the whole, the national unified big market is the basic supporting condition, internal requirement and mechanism carrier for the formation of China's new development pattern. It is conducive to continuously promote the efficient and smooth development and scale expansion of the Chinese market, accelerate the creation of a stable, fair, transparent and predictable business environment, further reduce market transaction costs, promote scientific and technological innovation and industrial upgrading, and cultivate new advantages in participating in international competition and cooperation.
Yi Huiman, chairman of the CSRC, delivered a keynote speech at the third member congress of China Association of listed companies on April 9. On the current development trend of capital market reform, Yi Huiman pointed out that the capital market will not change the direction of deepening reform, the pace of high-level opening-up, and the firm attitude of implementing the "two unwavering" policy. From the perspective of policy supervision, Yi Huiman focused on promoting the full implementation of the reform of stock issuance registration system and the smooth implementation; Promote the expansion and optimization of the Shanghai London Stock connect mechanism; Accelerate the implementation of new regulations on the supervision of overseas issuance and listing of enterprises; Support the innovation and transformation of private enterprises and promote the financing growth of high-quality private enterprises; Promote the formulation of laws and regulations such as the regulations on the supervision and administration of listed companies; Resolutely eliminate "shell" and "zombie" enterprises; Strengthen the basic systems such as issuance and listing, refinancing, M & A and reorganization; Improve the bond financing restraint mechanism and strengthen the supervision of stock pledge financing business; Continue to strengthen investor protection and other nine contents. Overall, as of the end of March this year, there were 4782 domestic listed companies with a total market value of 80.7 trillion yuan, ranking the second in the world; The number and market value of listed companies increased by 33.4% and 85.3% respectively compared with the end of 2018; The taxes paid by listed companies are equivalent to nearly 1 / 4 of the national tax revenue. The pillar status of Listed Companies in the national economy is more prominent. Chairman Yi's speech is conducive to promoting a more standardized, transparent and predictable regulatory environment, actively introducing policies and measures to boost market confidence, and jointly maintaining the stable development of the capital market.
The market was volatile and consolidated this week. On the disk, the iron and steel, building materials and building decoration industries led the increase; Power equipment, computer and electronic industries led the decline. The Federal Reserve recently released hawkish signals. The minutes of the interest rate meeting in March strengthened the expectation of raising interest rates by 50bp in May and hinted that the table contraction would be started as soon as may. In April 2022, the interest rate of us long-term and short-term treasury bonds was obviously upside down. Under the dislocation of China US macroeconomic cycle, the interest margin of US bonds in 10Y also began to upside down. It is expected that the future market will still be dominated by shocks. It is suggested to pay attention to the first quarter report.
Globally, the growth rate of covid-19 epidemic diagnosis continues to slow down. As of April 9, 496 million cases of covid-19 pneumonia had been confirmed worldwide, an increase of 7.49 million cases compared with the previous week, with a decrease of 1.95 million cases on a weekly basis for several consecutive weeks. South Korea, Germany and France ranked first in the cumulative number of newly diagnosed cases this week, with 1.52 million cases, 970000 cases and 940000 cases respectively. In China, the epidemic has worsened significantly since March. As of April 9th, 1318 Chinese mainland confirmed cases of COVID-19 pneumonia were confirmed, 25037 cases were asymptomatic, mainly in Shanghai. On April 9, 1015 newly confirmed cases and 23939 local asymptomatic infections were added in Shanghai. Nearly 180000 positive infections have been reported in this round of epidemic in Shanghai, and nearly 4600 cases have been confirmed in Shanghai. At present, there is one severe case, accounting for 0.02% of the confirmed number. The epidemic situation in Shanghai is still waiting for the inflection point. The scale of nucleic acid positive has exceeded that in Wuhan two years ago, but the severe cases are far less than that in Wuhan at that time. The daily increase of Jilin Province has dropped from 3000 cases in early March to the current level of 300 cases. At present, the province has achieved zero social aspects.
