China Securities Regulatory Commission is an institution directly under the State Council, which, according to laws, regulations and the State Council's authorization, uniformly supervises and manages the national securities and futures market, maintains the order of the securities and futures market and ensures its legal operation.

Fund supervision is the supervision and management of the fund industry, which means that the relevant state departments use legal, economic or administrative means to supervise and manage the behavior of funds and fund management companies. According to the fields and markets involved in fund investment at present, the main authority for supervising funds in China is the China Securities Regulatory Commission, and part of the fund's operation will be managed by the People's Bank of China, exchanges and industry associations.