A spokesman for the regulatory commission said " the negative effect of the mechanism outweighed its positive effect."

证监会发言人称“该机制的负面影响大于积极影响”。

China's government ousted Xiao Gang as head of the securities regulatory commission for failing to prevent the bubble, or manage the bust, in the country's stockmarkets, which fell sharply again this week.

由于处理股市泡沫不利，前中国证监会主席肖钢遭中国政府去职。但股市在本周仍旧暴跌。