The predecessor of China Securities Market Research and Design Center is "Joint Office of Research and Design of Stock Exchanges", referred to as "Joint Office". The liaison office was established on March 1989 15. It was initiated and funded by nine national non-bank financial institutions, and was led by the former the State Council Economic Restructuring Office. From the time of brewing and preparation, the liaison office aims at promoting the healthy start and standardized development of China's securities industry and capital market. "Liaison Office" completed the first implementation plan of establishing a standardized stock exchange in China; Actively participate in the drafting of China Securities Law and Company Law; Edited and published the first set of securities industry series that systematically introduced professional knowledge in China; Invited to participate in the design and preparation of Shanghai and Shenzhen stock exchanges; The first nationwide and trans-regional computerized automatic quotation system for securities trading (STAQ system) was designed and built. Promoted and organized the implementation of the first national debt issuance and underwriting pilot (199 1) and served as the "general coordinator" of national debt issuance and underwriting for three consecutive years, with a pilot underwriting of nearly 10 billion yuan; Promote, design and set up the first investment fund in China-Zibo Township Enterprise Investment Fund with a scale of 300 million yuan; Planned and organized the first batch (3 companies) of national pilot projects to raise legal person shares, raising a total of 420 million yuan; Promoted and organized the first specialized legal person share circulation market; Established the first national securities industry training center; Planning and organizing the successful precedent of private placement of foreign shares of China Stock Company (introducing foreign capital of 52 million US dollars)-Guangxi Yuchai Company; Assist the Ministry of Finance and the China Securities Regulatory Commission to successfully carry out the pilot project of establishing the "self-dealer of first-class national debt" system.

The liaison office has successively established and managed several funds, including: Zibo Township Enterprise Fund, S&; E Fund, CFI Fund, S&P; C Fund, Paloma China Investment Fund and Cathay Fortune Fund. The total amount of the fund is several billion yuan, and the average annual income exceeds the market average.

The R&D Department of the Liaison Office has an international R&D team, and has taken the lead in publishing influential speeches, reports, economic forecasts and analysis articles in China economic circles for many times. The research department of the liaison office currently has more than 30 professional researchers, including 20 with a doctorate or master's degree or above, many of whom have studied and worked in western countries such as Europe and America. 3 1% are national experts or university professors. Many of them have made indirect or direct outstanding contributions to China's economic system reform and financial and securities market construction.