CSRC Legal Affairs Chief Cheng Hehong: Studying Inclusion of Securities Law Amendment in Next NPC Legislative Plan

The signal here is sequencing rather than substance: a Securities Law amendment is still at the "studying inclusion" stage, while the Financial Stability Law and central bank and banking-law amendments already sit on the NPC agenda. That gap suggests securities-market rulemaking trails the banking and stability framework in legislative priority, which matters for how quickly disclosure, enforcement and fund-industry rules can be tightened. Whether the securities amendment actually enters the next legislative plan, and how the fund-law revision is timed against it, is the open question worth tracking.