In October started (Renshen years), October 26, 1992, the Securities Commission of the State Council, was established.

1992 10 26, the State Securities Commission announced the establishment. In order to strengthen the macro-management of the securities market, harmonization of stocks, bonds, treasury bonds and other government, to protect the interests of the people. The original securities management office under the State Council meeting revocation. Securities Commission deputy director Zhu Rongji, and Director, Liu Hongru, Zhou Daojiong. To establish and improve the securities regulatory system of work, the State Council also decided to set up the China Securities Regulatory Commission, the Securities Commission of the State Council guidance, supervision and inspection and centralized management. Liu Hongru appointed chairman of the Securities and Futures Commission.