On December 18, 2025, the inaugural meeting of the Academic Committee of the China Capital Market Society (CCMS) and its first plenary session were held in Beijing. Professor An Tongliang, Dean of Business School, attended the meeting as a member of the Society’s first Academic Committee.
The meeting was of an unprecedented scale. Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC) and President of CCMS, Li Chao, Vice Chairman of the CSRC and Executive Vice President of CCMS, Li Yang, Chairman of the Academic Committee, as well as domestic and overseas members of the academic committee, chairs of specialized committees and directors of key research bases, were in attendance.
The Academic Committee of CCMS serves as the highest academic body of the Society, composed of 29 renowned experts and scholars in the field of capital market research. Professor An Tongliang’s appointment as a member places him within this high-level academic team alongside other experts from government departments, research institutions, universities and colleges, overseas institutions and market entities. The establishment of the Committee is a major initiative to elevate the theoretical research level of the capital market and leverage the role of think-tank platforms, aiming to provide solid theoretical support for accelerating the development of a robust capital market. The 21st Century Business Herald described this move as “a crucial leap in building a national-level think tank for the capital market.”
At the inaugural meeting, Mr. Wu Qing, Chairman of the CSRC and President of the CCMS, emphasized that strengthening theoretical research on capital markets is of great importance for accelerating the formation of a theoretical system that follows general market principles while aligning with China’s realities, promoting the high-quality development of the capital market, and actively participating in global financial governance cooperation. He stressed the need to firmly uphold the correct political direction and academic orientation, adhere to principles of marketization, legalization and internationalization, ground research in the practices of China’s capital market. Focus should be placed on key issues including the inclusive appeal and pricing efficiency of the capital market, financial technology and legal framework construction. Efforts should be made to continuously consolidate and improve the theoretical framework and methodologies, so as to provide solid theoretical underpinnings for accelerating the development of a robust capital market.
