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China aims at mature capital market

(Xinhua)
Updated: 2007-03-16 13:47

Chinese Premier Wen Jiabao gestures at a news conference after the closing ceremony of the National People's Congress annual session at the Great Hall of the People in Beijing, March 16, 2007. [Xinhua]

Chinese Premier Wen Jiabao said here Friday that China aims at a mature capital market.

"Our goal is very clear. The goal is to build a mature capital market," Wen said at a press conference following the conclusion of the annual session of the National People's Congress (NPC), China's top legislature.

"We will continue to improve the quality of the listed companies, put in place an open, fair and transparent market system and strengthen the oversight over the capital market," Wen said in response to a question about China's stock market.

Wen said China will also encourage timely disclosure of the information of the stock market and enhance the awareness of individual investors about the risks of the market.