At the beginning of 2004 “about the Advancement Capital market Reform and open policy And Steady progression’s Certain Opinions” issued officially that the system elaborated the development capital market’s duty, the goal, the guiding principle and the specific request, develop the capital market to promote officially vigorously to the national strategy altitude, simultaneously also marks the period for China capital market earlier period extensive relatively development phase. Hereafter, the entire economy, the social system deepen unceasingly to capital market’s understanding, from advances the capital market positively the reform and open policy and the steady progression, enhances the securities business competitive power, the optimization capital market structure, multi-channel enhances the direct finance proportion, the guard and the melt finance risk, maintains again the economic stability, the financial stability and the capital market is stable, continues to impel the economic society to be also good quickly develops, our country capital market has the sinuous change fast, the scale, the quality, the efficiency promotes largely. Today, strengthens unceasingly along with the global economic integration tendency, various countries capital market and the financial system competitive power becomes the national competitive power important component day by day, experienced the rise to alternate, our country capital market also day by day strengthened to the national economy and social development’s contribution and the influence. The authoritative data demonstrated that in market fast dilatancy’s in 2007, A To be listed total market value is equal to GDP 132.
6%, hereafter, although has experienced great scope receding, by 2009 the end of July, 1628 To be listed total market value accounted for in 2008 the GDP proportion still to reach approximately 95.4%. The securitization rate fast promotion with the petroleum, China Petroleum and Chemical Corporation, the Commerce bank (601398, stock), the Chinese life insurance (601628, stock), the Baoshan Steel Corporation, the Qin Empire railroad (601006, stock) and so on one batch of scales is big, the profit ability strong enterprise realizes goes on the market inseparable. for 19 years, A To be listed’s profession layout is day by day rich, industrial structure by traditional industry and commerce primarily to foundations and pillar industry pattern transformation primarily and so on manufacturing industry, telecommunication, electron, energy, petrochemical, metal, transportation.