In 2020，in the face of the global epidemic and the complex international financial situation，China’s securities market developed steadily，adhered to “building systems，non intervention and zero tolerance”，comprehensively promoted epidemic prevention and control，continuously deepened reform，effectively prevented risks，vigorously developed financial support for economic and social development，and the online business of financial institutions increased significantly，Securities companies have outstanding performance in brokerage and other businesses. On the occasion of the 30th anniversary of the establishment of China’s securities market，the securities law of the people’s Republic of China was officially implemented，which improved the basic system of the securities market，and provided a guarantee for comprehensively deepening the reform of the securities market，effectively preventing and controlling market risks，improving the quality of listed companies and effectively safeguarding the legitimate rights and interests of investors. The gem pilot registration system，the new third board and the improvement of the delisting mechanism were implemented，the organizational structure system of science and technology supervision was further improved，and the supervision efficiency was improved. The adoption of the amendment to the criminal law further improves the modern financial supervision system，improves the transparency and legalization of financial supervision，protects the legitimate rights and interests of investors，maintains market order and promotes the reform of the registration system，which provides a legal guarantee for the steady and healthy development of China’s securities market.