Liu, born in June, 196 1 1, Han nationality, from Guanyun, Jiangsu Province, holds a master's degree in economics. He is currently the Chairman and Party Secretary of China Securities Regulatory Commission.
65438-0987 worked in Shanghai Economic System Reform Office and National Economic System Reform Commission successively. 199411since October, he has served as deputy director of the real estate credit department of China Construction Bank, assistant inspector and deputy director of the banking department of China People's Bank, deputy director and director of the second supervision department of China People's Bank, and director of the general office and party committee office of China People's Bank. In July, 2004, he served as Assistant to the Governor and Member of the Party Committee of the People's Bank of China. In June 2006, he served as deputy governor of China People's Bank. 20 14 served as Party Secretary of Agricultural Bank of China and 20 14 as Chairman of Agricultural Bank of China. 2065438+In February 2006, he served as Chairman and Party Secretary of China Securities Regulatory Commission.
The securities market is the place where securities are issued and traded. In a broad sense, the securities market refers to the sum of all trading relationships with securities as the object. From the perspective of economics, the securities market can be defined as a trading mechanism that determines the price of securities according to the relationship between supply and demand through free competition. The securities market is the product of the development of market economy to a certain stage, and it is a market to solve the contradiction between capital supply and demand and liquidity. The securities market realizes the connection between financing and investment by issuing and trading securities, which effectively solves the contradiction between supply and demand of funds and the adjustment of capital structure. In the developed market economy, the securities market is an important part of a complete market system, which not only reflects and regulates the movement of monetary funds, but also has an important impact on the operation of the whole economy.