China Securities Journal: Vigorously promote the entry of medium and long-term funds into the market to further optimize the environment of the "long money, long-term investment" system.

The front page article of China Securities Journal reported that the China Securities Regulatory Commission has recently made it clear that it will better play the role of medium and long-term funds as a "ballast" and "stabilizer," striving to attract more global capital to invest in China. Market participants expect that the next step of the reform will focus on improving market entry convenience, introducing substantive measures, optimizing the environment for "long-term funds and long-term investments", enhancing the investability of assets, and enriching hedging tools. The effects of "attracting long-term funds and promoting long-term investments" are expected to accelerate. By the end of August, medium and long-term funds collectively held approximately 21.4 trillion yuan in A-share market value, an increase of 32% compared to the end of the 13th Five-Year Plan; insurance funds invested in stocks and equity funds exceeded 5.4 trillion yuan, an increase of 85% from the end of the 13th Five-Year Plan.