The stable operation and positive development of the capital market play an important supporting role in the high-quality development of the economy. The 2026 System Work Conference of the China Securities Regulatory Commission has listed "adhering to stability as the top priority and consolidating the market's stable and positive momentum" as the primary task, clarifying the main line of work for risk prevention, strong supervision, and promoting high-quality development. The operation of the capital market is showing a stable and positive trend, benefiting from the accumulation of past development and receiving strong support from relevant policies. We have full confidence in the development of the capital market. Firstly, whether it is the coordinated efforts of fiscal and monetary policies, or the precise support of related industrial policies, they are all sending positive signals to the market. In the future, more policy measures will continue to be implemented. Taking 'Artificial Intelligence+' as an example, the Central Economic Work Conference in 2025 proposed to 'deepen and expand' Artificial Intelligence+'and improve artificial intelligence governance'. Looking towards the future, new driving forces represented by artificial intelligence and modern industrial systems will be placed in a more central position, promoting the greater, faster, and more tangible impact of "AI+". This not only brings new investment opportunities, but also enables the capital market to better utilize its resource allocation function, guide capital to cluster in key areas, and form a virtuous cycle of "technology industry finance". At the same time, this policy level certainty effectively mitigates market volatility risks and becomes the core support for investors' stable expectations. Secondly, regulatory authorities use precise measures to prevent market fluctuations. On the one hand, the securities regulatory authorities have comprehensively strengthened market monitoring and early warning, timely carried out countercyclical adjustments, strengthened trading supervision and information disclosure supervision, and purified the market ecology through the construction of the rule of law. Based on the data, in 2025, regulatory authorities will investigate and handle 701 cases of securities and futures violations, resulting in fines and confiscation of 15.47 billion yuan, effectively enhancing the quality and efficiency of regulatory enforcement. In 2026, regulatory authorities will continue to adhere to strict adherence to the law and focus on enhancing the effectiveness and deterrence of regulatory enforcement. This is conducive to creating a clean and upright market environment, enhancing the confidence and sense of gain of market participants. On the other hand, regulatory authorities continue to broaden the channels and methods of medium - and long-term funding sources, launch various products and risk management tools that are suitable for long-term investment, actively guide long-term investment, rational investment, and value investment, and make every effort to create a market ecology of "long-term money, long-term investment". This can not only inject stable "fresh water" into the market, but also guide the market to form a long-term investment and value investment concept, continuously consolidate the internal foundation of market stability, and achieve a positive interaction between the preservation and appreciation of medium - and long-term funds and the healthy development of the capital market. It is worth noting that at the recent symposium on foreign institutions in the "15th Five Year Plan" for the capital market held by the China Securities Regulatory Commission, participating institutions unanimously agreed that since the implementation of the new "National Nine Articles", China's capital market has achieved positive results in improving basic systems, enhancing market functions, increasing the investment value of listed companies, and expanding high-level opening up. The willingness and enthusiasm of foreign capital and foreign institutions to participate in China's capital market have significantly increased. This is the most powerful interpretation of confidence in the long-term positive development of the Chinese economy and capital market. Finally, all parties should unite and work together to safeguard the stable and positive trend of the capital market. While strengthening supervision, regulatory authorities continue to optimize the business environment, stimulate the vitality of market entities, and enable the market to play a decisive role in resource allocation. Listed companies adhere to the bottom line of compliant operations, disclose information truthfully, accurately, and completely, fulfill social responsibilities effectively, and repay investors with good business performance; Using real gold and silver to match one's market value with intrinsic investment value, enhancing investor confidence. Intermediary agencies play the role of "gatekeepers", adhere to professional ethics, enhance professional service capabilities, and provide high-quality services to the market. Standing at the historical node of the beginning of the 15th Five Year Plan, adhering to stability as the top priority, balancing development and security, and balancing vitality and order, is not only the essence of achieving effective improvement in the quality and reasonable growth of the capital market, but also a necessary requirement to help stabilize employment, enterprises, markets, and expectations. (New Society)