(Photo: Xinhua)

An investor shows stock information on a smartphone in Lianyungang, eastern China’s Jiangsu Province, in this file photo. China urged more solid steps in the reform and opening-up of its financial systems, according to a special meeting of the Financial Stability and Development Committee of the State Council. The meeting, presided over by Vice Premier Liu He on Saturday, stressed the need to enhance the hub function of the capital market, fully implement a stock issuance registration system, establish a normalized delisting mechanism and increase the proportion of direct financing.