China'scapitalmarketisahotissueinthenewyear.ThebeststrategytodeveloptheChinesecapitalmarketinthecoming15to20yearswasdiscussedintheChinaCapitalMarketForum,whichwasheldinChinaatRenminUniversityonJanuary13.Governmentofficials,scholars,andentrepreneurscommentedthatby2020,theChinesecapitalmarketwilldevelopintooneofthebestcapitalmarketsintheworld,notonlyintermsofsize,butalsoassetquality,liquidityanddynamictrade.Isthisarealisticgoal?Whatstepsshouldwetaketopursuethistarget?Withthesequestionsinmind,aftertheforum,China'sForeignTradeinterviewedProf.WuXiaoqiu,VicePresidentofRenminUniversityofChina,andtheDirectoroftheFinance&SecuritiesInstituteofRenminUniversity.Editor