Expert: Promoting the entry of medium and long-term funds into the market requires improving the institutional environment for "long money, long-term investment".

Chief Economist of Dongwu Securities, Lu Zhe, stated that in order to promote the entry of medium and long-term funds into the market, it is necessary to improve the institutional environment for "long-term and long-term investment". This includes enhancing the regulatory inclusiveness of equity investments by medium and long-term funds, implementing long-term performance evaluations, removing barriers to market entry for insurance funds, and guiding the mutual interaction between the pension protection system and the capital market. It is also important to vigorously develop equity mutual funds, urge fund companies to improve their business philosophy, enhance their research and service capabilities, create more products that meet the needs of investors, optimize product registration processes, and promote the innovation of index products. Tian Xuan, Director of the National Institute of Financial Research at Tsinghua University, suggested providing sophisticated hedging tools for long-term funds, providing temporary liquidity support for short-term large losses caused by market volatility, and developing derivative markets such as stock index futures and treasury futures.