CCTV.com - CNTV English - CCTV News

CSRC pledges regulation of public companies

03-14-2012 14:02 BJT

Watch Video

Play Video

China's stock market has grown in leaps and bounds over the years, but much remains to be improved. The Assistant Chairman of China Securities Regulatory Commission said at a press conference earlier today that China needs to strengthen surveillance of listed companies in order to create a safer trading environment.

Zhou Congjiu, Assistant Chairman of China Securities Regulatory Commission said: "To achieve a strong regulatory environment for listed companies, we must complete and strengthen the relevant laws. For example, we need to amend the Securities Law to include tortious liability. That is only one side. On the other side, it’s the company management. The core of company management is to strengthen the functions of shareholders’ meetings and the board of directors. We need to ensure this structure and system can protect shareholders’ rights from being harmed by illegal practices."

 

 

Editor:Zhang Rui |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program