On September 2, the 2022 China International Finance Annual Forum was held in Beijing. Fang Xinghai, vice chairman of the China Securities Regulatory Commission, delivered a speech entitled “unswervingly promoting the two-way opening of the capital market and helping to build a new development pattern”. He said that the CSRC would strengthen the linkage supervision of the futures and spot markets with relevant parties, strictly prevent excessive speculation, and effectively prevent and control the risk of continuous rise in the prices of basic industrial products such as thermal coal and crude oil. It successfully coped with the risk of spillover from the extreme “short squeeze” of nickel futures in the international market to the domestic nickel futures market. With the joint efforts of many parties, the capital market has withstood severe tests, transactions have remained active, and functions have played a good role in stabilizing the macroeconomic situation and social expectations< Br > < div class = "contheight" > < / div > Fang Xinghai said that he would further strengthen the building of regulatory capacity and risk prevention capacity in an open environment. Adhere to the requirements of “openness, clarity and control”, strengthen the monitoring of cross-border capital flows, and maintain the smooth operation of the capital market. We will implement the China US cross-border audit and regulatory cooperation agreement and create a predictable international regulatory environment for the high-level opening of the capital market. Continue to strengthen communication with overseas institutional investors, constantly improve the convenience of A-share investment, and constantly enhance the confidence of foreign investment in China’s capital market