On this day, 33 years ago, on October 26, 1992 (October 1, 1992, the Securities Commission of the State Council was established. On October 26, 1992, the Securities Commission of the State Council announced its establishment. In order to strengthen macro management of the securities market, unify and coordinate relevant governments such as stocks, bonds, and treasury bonds, and protect the interests of the people. The original securities regulatory office meeting of the State Council was cancelled. The Securities Committee is composed of Zhu Rongji and Liu Hongru and Zhou Daojiong as deputy directors. In order to establish and improve the securities supervision work system, the State Council also decided to establish the China Securities Regulatory Commission, which will be guided, supervised, inspected and managed by the Securities Commission of the State Council. Liu Hongru was appointed chairman of the Securities Regulatory Commission.