As a regulatory department, CSRC has insisted on "doing something but not doing something" in recent years, handled the relationship between "strengthening supervision" and "deregulating", gave full play to the role of market mechanism, and left what the market can do to the market itself. It requires the securities industry association and other trade associations to further play the role of bridge and link, strengthen the contact with the Federation of listed companies in China, and reduce the cost of market supervision and improve the efficiency of market supervision through the benign complementarity and organic interaction between industry self-discipline and administrative supervision.