At “Capital Market 2015: Reform Dividend & Investment Strategies” on March 28th, WU Xiaoqiu (Director, Financial and Securities Institute, Renmin University) commented that China should search for a ?nancial system that matches its position as a dominantly large country. He proposed that China should consider the following for its new reform:
1. The internationalization of RMB currency
2. The necessity to reform China’s ?nancial structure, for instance, from approval system to registration system
3. The adjustment of listing requirements and not to prioritize pro?tability over all other requirements