【中英文对照版】国务院关于进一步提高上市公司质量的意见.docx
国务院关于进一步提高上市公司质量的意见OpinionsoftheStateCouncilforFurtherImprovingtheQualityofListedCompanies制定机关：国务院发文字号：国发202014号公布日期：2020.10.05施行日期:2020.10.05效力位阶：国务院规范性文件法规类别：上市公司营商环境优化IssuingAuthority：StateCouncilDocumentNumber：No.142020oftheStateCouncilDateIssued：10-05-2020EffectiveDate：10-05-20201.evelofAuthority：RegulatoryDocumentsoftheStateCouncilAreaofLaw：ListedCompaniesOptimizationofDoingBusinessOpinionsoftheStateCouncilforFurtherImprovingtheQualityofListedCompanies国务院关于进一步提高上市公司质量的意见(No.142020oftheStateCouncil)(国发(2020)14号)Thepeople'sgovernmentsofallprovinces,autonomousregions,andmunicipalitiesdirectlyundertheCentralGovernment;andallministriesandcommissionsoftheStateCouncilandallinstitutionsdirectlyundertheStateCouncil:各省、自治区、直辖市人民政府，国务院各部委、各直属机构：Thecapitalmarkethasabutterflyeffectonfinancialoperation,andlistedcompaniesarethecornerstoneofthecapitalmarket.Improvingthequalityoflistedcompaniesisaninherentrequirementforadvancingthesounddevelopmentofthecapitalmarketandan资本市场在金融运行中具有牵一发而动全身的作用，上市公司是资本市场的基石。提高上市公司质量是推动资本市场健康发展的内在要求，是新时代加快完善社会主义市场经济体制的重要内 容。国务院批转证监会关于提 高上市公司质量意见的通知（国发（2005） 34号）印发以 来，我国上市公司数量显著增 长、质量持续提升，在促进国民 经济发展中的作用日益凸显。但 也要看到，上市公司经营和治理 不规范、发展质量不高等问题仍 较突出，与建设现代化经济体 系、推动经济高质量发展的要求 还存在差距。同时，面对新冠肺 炎疫情影响，上市公司生产经营 和高质量发展面临新的考验。为 进一步提高上市公司质量，现提 出如下意见。一、总体要求以习近平新时代中国特色社会主 义思想为指导，全面贯彻党的十 九大和十九届二中、三中、四中 全会精神，认真落实党中央、国 务院决策部署，贯彻新发展理 念，坚持市场化、法治化方向， 按照深化金融供给侧结构性改革 要求，加强资本市场基础制度建 设，大力提高上市公司质量。坚 持存量与增量并重、治标与治本 结合，发挥各方合力，强化持续importantcontentforacceleratingtheimprovementofthesocialistmarketeconomysysteminthenewera.SincetheissuanceoftheNoticeoftheStateCouncilonApprovingandForwardingtheOpinionsoftheChinaSecuritiesRegulatoryCommissionforEnhancingtheQualityofListedCompanies(OrderNo.342005,StateCouncil),listedcompaniesinChinaavewitnessedasignificantincreaseinquantityandcontinuousimprovementinquality,havingplayedanincreasinglyprominentroleinadvancingthedevelopmentofthenationaleconomy.However,itshallbenoticedthatsuchproblemsasunregulatedbusinessoperationandgovernance,andlow-qualitydevelopmentoflistedcompaniesareprominentaswell,showingagapbetweenthecurrentsituationandtherequirementsforbuildingamoderneconomicsystemandadvancingthehigh-qualityeconomicdevelopment.Meanwhile,duetotheimpactoftheCOVID-19Outbreak,listedcompaniesfacenewchallengesinproductionandbusinessoperation,andhigh-qualitydevelopment.Forthepurposesoffurtherimprovingthequalityoflistedcompanies,thefollowingopinionsareherebyputforward.I. GeneralrequirementsUndertheguidanceofXiJinpingThoughtonSocialismwithChineseCharacteristicsinaNewEra,thespiritofthe19thCPCNationalCongressandtheSecond,ThirdandFourthPlenarySessionsofthe19thCPCCentralCommitteeshallbecomprehensivelyimplemented,thedecisionsanddeploymentsoftheCPCCentralCommitteeandtheStateCouncilshallbediligentlyimplemented,thenewdevelopmentconceptshallbeimplemented,themarket-orientedandlegalizationdirectionshallbeinsistedon,andtheconstructionofthebasicsystemofthecapitalmarketshallbestrengthenedaccordingtotherequirementsfordeepeningthesupply-sidestructuralreformofthefinancialsectorsoastovigorouslyimprovethequalityoflistedcompanies.Layingequalstressonstockandincrementandcombiningsymptomswiththerootcausesshallbeinsistedon,jointforcesofallpartiesshallbemaximized,continuoussupervisionshallbestrengthened,andthestructureanddevelopmentenvironmentoflistedcompaniesshallbeoptimizedtosignificantlyimprovetheregulatedoperationoflistedcompanies,continuouslyimprovetheinformationdisclosurequality,effectivelyresolvetheprominentproblems,significantlyimprovethesustainabledevelopmentcapabilityandoverallquality,andprovidestrongsupportfortheconstructionofaregulated,transparent,open,dynamicandresilientcapitalmarketandthepromotionofhigh-qualityeconomicdevelopment.II. Improvingthegovernanceleveloflistedcompanies监管，优化上市公司结构和发展 环境，使上市公司运作规范性明 显提升，信息披露质量不断改 善，突出问题得到有效解决，可 持续发展能力和整体质量显著提 高，为建设规范、透明、开放、 有活力、有韧性的资本市场，促 进经济高质量发展提供有力支 撑。二、提高上市公司治理水平（一）规范公司治理和内部控 制。完善公司治理制度规则，明 确控股股东、实际控制人、董 事、监事和高级管理人员的职责 界限和法律责任。控股股东、实 际控制人要履行诚信义务，维护 上市公司独立性，切实保障上市 公司和投资者的合法权益。股东 大会、董事会、监事会、经理层 要依法合规运作，董事、监事和 高级管理人员要忠实勤勉履职， 充分发挥独立董事、监事会作 用。建立董事会与投资者的良好 沟通机制，健全机构投资者参与1. Regulatingcorporategovernanceandinternalcontrols.Therulesofthecorporategovernancesystemshallbeimprovedandthedemarcationofresponsibilitiesandlegalresponsibilitiesofcontrollingshareholders,actualcontrollers,directors,supervisorsandseniorexecutivesshallbespecified.Controllingshareholdersandactualcontrollersshallperformtheirfiduciaryduties,maintaintheindependenceoflistedcompanies,andeffectivelyprotectthelawfulrightsandinterestsoflistedcompaniesandinvestors.Thegeneralmeetingofshareholders,theboardofdirectors,theboardofsupervisors,andthemanagementshalloperateincompliancewiththelawsandregulations,andthedirectors,supervisorsandseniorexecutivesshallperformtheirdutiesfaithfullyanddiligently,andfullymaximizetheroleofindependentdirectorsandtheboardofsupervisors.A
