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Third China-Japan Capital Markets Forum Held In Virtual Format

Date 16/09/2022

The third China-Japan Capital Markets Forum was held in virtual format on September 7th, 2022. Mr. FANG Xinghai, Vice Chairman of China Securities Regulatory Commission (CSRC), Mr. Junichi NAKAJIMA, Commissioner of Japan Financial Services Agency (JFSA), and Mr. Mitsuhiro HASEGAWA, Chairman of Japan Securities and Exchange Surveillance Commission (SESC) spoke at the Forum.

 

Participants from both sides engaged in in-depth discussion about topics of mutual interest, including enhancing pragmatic cooperation between the capital markets of China and Japan, and leveraging capital markets to address population aging. The Forum held that capital markets of China and Japan were both of large size and highly complementary to each other. The cooperation between these two capital markets shall maintain the current momentum and build up steadily with a long-term vision. Both sides were encouraged to enhance experience-sharing and mutual-learning on issues of mutual concern, including the role of capital markets in an aging society.

During the Forum, the Shenzhen Stock Exchange (SZSE) and the Japan Exchange Group (JPX) announced plans to jointly carry out investor education and mutual market promotion activities. China Financial Futures Exchange (CFFEX) and the JPX announced the signing of a bilateral Memorandum of Understanding (MoU). The Asset Management Association of China (AMAC) and the Investment Trusts Association of Japan (JITA) shared updates on a comparative study of the Investment Fund System between Japan and China. The Securities Association of China introduced a report about the contribution of capital markets in improving the pension system.

The Forum serves as a dialogue platform established to implement the consensus reached by national leaders of China and Japan, and to promote all-round, multi-leveled cooperation between the two capital markets. This Forum was jointly organized by the SZSE and the JPX. Around 380 representatives from financial regulators, securities and futures exchanges, industry associations, financial institutions, and listed companies of the two countries joined the online event.