After a meeting with pension funds, big banks and major insurers, the CSRC said on Thursday that it was encouraging medium and long-term investors, such as state pension funds and wealth management funds, to increase their equity investments.

Source: https://www.channelnewsasia.com/business/china-regulator-met-foreign-investors-alleviate-concerns-sources-3724546?cid=cna_flip_070214

“Li’s relationship with Xi played a role here,” enabling him to present the scheme directly to the central government, without going through the CSRC, the person added.

Source: https://newsinfo.inquirer.net/1739474/xi-jinpings-guy-longtime-acolyte-li-set-to-be-chinas-next-premier

Transaction handling fees submitted by brokers to the exchanges were also reduced, according to China Securities Regulatory Commission (CSRC).

Source: https://www.shorenewsnetwork.com/2023/08/28/factbox-how-china-is-trying/