BEIJING, Aug. 8 -- China's top securities regulator said Saturday that resolving issues of common concern through dialogue is the only way to achieve win-win results, when responding to a recent U.S. report released by the President's Working Group on Financial Markets.
The so-called "Report on Protecting United States Investors from Significant Risks from Chinese Companies" has recommendations such as enhancing listing standards on U.S. exchanges for access to audit work papers.
Strengthening the supervision of listed companies' information disclosure and improving auditors' professional ethics and their practices are important means to protect the legitimate rights and interests of investors, the China Securities Regulatory Commission (CSRC) said on its website.
Starting from common interests of both sides, China and the United States should carry out open dialogue and cooperation, it said.
The two sides have maintained communication and interaction, the CSRC said, adding that Chinese authorities have shown full cooperation sincerity by repeatedly communicating with the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) on joint inspections of accounting firms since 2019.
On Aug. 4, the Chinese side sent updated proposals concerning the joint inspections to the PCAOB based on the latest needs and ideas of the U.S. side, it said.
"Resolving issues of common concern through dialogue is the only way to achieve win-win results," said the CSRC. "Only by doing so can a sound environment for the healthy and orderly operation of the global capital market be created."
China has never prohibited or prevented relevant accounting firms from offering audit work papers to overseas regulators, the CSRC said.
The country's securities authorities have provided the audit work papers of several U.S.-listed Chinese companies to the U.S. securities authorities, as mentioned in the U.S. report, it said.
The exchange of information including that of audit work papers should be conducted through regulatory cooperation channels, which is an internationally accepted common practice, the CSRC said.
英语语法:代词比较辩异 one,that 和it
助动词语法知识点
英语语法:不定冠词的用法
形容词及其用法
英语语法:none, few, some, any, one, ones的区别
英语语法:疑问代词
英语语法:人称代词之主、宾格的替换
和more有关的词组语法讲解
英语语法:物主代词
many,old 和 far的区别
英语语法:比较级形容词或副词 + than
英语语法:相互代词
接动名词作宾语的动词速记口诀
英语语法:one/another/the other的区别
接不定式作宾语的动词速记口诀
英语语法:数词的应用
few, little, a few, a little的区别
英语语法:零冠词的用法
英语语法:反身代词
助动词should,would的用法
英语语法:many,much的区别
形容词和副词速记口诀
助动词shall和will的用法
冠词用法的速记口诀
过去进行时语法知识要点
多个形容词修饰名词的顺序
以-ly结尾的形容词
英语中可修饰比较级的词有哪些
英语语法:人称代词的用法
英语语法:双重所有格
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