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Morocco, China have broad prospect for economic, trade cooperation: Moroccan ambassador

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Morocco, China have broad prospect for economic, trade cooperation: Moroccan ambassador

2025-01-19 17:07 Last Updated At:18:57

⁠⁠⁠⁠⁠⁠⁠Morocco and China have broad prospect for economic and trade cooperation, and their partnership could benefit the whole African continent, said Moroccan Ambassador to China Abdelkader El Ansari.

During an exclusive interview with China Global Television Network (CGTN), the ambassador shared his insights into Morocco-China cooperation in trade and financial fields.

"It must be emphasized that China is the Kingdom of Morocco's third largest trading partner globally and the largest trading partner in Asia. The prospects for economic and trade exchanges between Morocco and China are broad, and the potential for cooperation between the two sides in the financial field is unlimited. This is gratifying," he said. 

Abdelkader El Ansari noted that Morocco is willing to work with China to promote the development of the African continent.

"In addition, Morocco is willing to work with China to build a better Africa. Morocco has close cooperation with other African countries in various fields and has friendly relations with them. Morocco is willing to strengthen cooperation with China under the trilateral framework, especially in the fields of infrastructure, medical care, water resources protection, and so forth. Morocco has a wealth of successful practices in the above-mentioned fields, and China is even more so. We can share the fruitful results of Morocco and China to benefit more African countries," he said. 

Morocco, China have broad prospect for economic, trade cooperation: Moroccan ambassador

Morocco, China have broad prospect for economic, trade cooperation: Moroccan ambassador

China's securities regulator has pledged to prioritize market stability and resolutely prevent sharp fluctuations as a core objective for 2026, aiming to consolidate sound development of the capital market.

The China Securities Regulatory Commission (CSRC) made the commitment at its annual work conference on Thursday, where the regulator reviewed the past year's performance and outlined key tasks for 2026.

In 2025, listed companies distributed a combined total of 2.68 trillion yuan (about 380 billion U.S. dollars) in cash dividends and share buybacks throughout the year, further consolidating the momentum for high-quality development.

Initial public offerings (IPOs) and follow-on offerings reached a combined 1.26 trillion yuan, while the exchange bond market issued various bonds totaling 16.3 trillion yuan.

Eighteen futures and options products were smoothly listed, demonstrating the robust functioning of the multi-tiered capital market.

The meeting emphasized that while the capital market currently shows stable and sound performance, it still faces complex and severe challenges posed by intertwined domestic and external risks as well as the overlapping of persisting and emerging issues.

Efforts will be made to effectively enhance the intrinsic stability of the market, the CSRC said, adding that it will rigorously investigate and punish excessive speculation, market manipulation, and other illegal activities to prevent sharp market fluctuations.

It will work to foster a market ecosystem where "long-term capital engages in long-term investment," the regulator said, pledging efforts to broaden the channels for medium and long-term capital inflows, introduce various products and risk management tools suited to long-term investment, and actively guide long-term, rational and value-based investment.

It also vowed to enhance the inclusiveness and adaptability of the multi-tiered equity market, crack down on illegal activities such as financial fraud, price manipulation and insider trading, and enhance corporate governance among listed firms.

The CSRC will advance the two-way opening up of the capital market in 2026.

Efforts will be made to expedite the implementation of the optimized Qualified Foreign Institutional Investor scheme, expand the scope of futures products accessible to foreign investors, and enhance the facilitation of cross-border investment and financing, the regulator said.

China's securities regulator stresses market stability in 2026 work plan

China's securities regulator stresses market stability in 2026 work plan

China's securities regulator stresses market stability in 2026 work plan

China's securities regulator stresses market stability in 2026 work plan

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