Lengthen money and spur long-term investment to speed up the entry of mid- to long-term funds into the market.

The stock allocation scale of five insurance companies has increased by more than 28%, the total size of domestic ETFs has exceeded 5 trillion yuan, and the total market value of A-shares held by foreign capital continues to rise... With the entry mechanism and assessment policies of medium and long-term funds, represented by insurance funds, social security funds, and public funds, becoming increasingly clear, the capital market ecosystem dominated by long-term investment and value investment is gradually taking shape. The entry of medium and long-term funds into the market is becoming more active, bringing in more "fresh water" for the capital market. Yang Delong, Chief Economist of Qianhai Kaiyuan Fund, believes that the acceleration of the entry of medium and long-term funds into the market will help reduce market volatility and speculation, better play the role of market resource allocation, improve the ecological structure of the capital market, truly establish a "long-term capital, patient capital" investment system, and inject powerful momentum into the sustainable development of A-shares.