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Q&A by CSRC Spokesperson GAO Li on Shanghai-London Stock Connect
11-04-2018

Q: It was announced at the Boao Forum for Asia Annual Conference 2018 that China aims to launch the Shanghai-London Stock Connect within the year. What's the CSRC's comment on that?


A: The stock connect scheme between the Shanghai Stock Exchange and London Stock Exchange (hereinafter referred to as the Shanghai-London Stock Connect) represents a concrete step to deepen financial cooperation between China and the UK, to expand two-way opening up of the Chinese capital markets, and to further honor our commitment to open up to the outside world. To follow through with the achievements of President Xi Jinping's visit to the UK in October 2015 and the instructions made by President Xi Jinping and Premier Li Keqiang during their respective meetings with Prime Minister Theresa May in February 2018, the CSRC has been actively making preparations for the Shanghai-London Stock Connect. We will work with our UK counterparts towards launching the Stock Connect within the year.


Going forward, the CSRC will act in alignment with the master planning by the CPC Central Committee and the State Council and unswervingly advance the opening-up of the capital markets, so as to make new ground in pursuing international cooperation that is beneficial for all.



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