China CSRC to Create Conditions for Audit Cooperation With U.S.

China’s securities regulators vowed to create conditions to push for China-U.S. cooperation on companies’ audit and supervision among work to be focused on for the second half of this year, according to a statement of China Securities Regulatory Commission after a mid-year work meeting Friday.

• CSRC to improve communications with the market, to stabilize policy expectations; to advance bi-directional connections between mainland and H.K. markets; to steadily support stability and development of H.K. capital market
• CSRC to push out in steady pace policies and measures for further opening up of China’s capital market

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