CCTV News: Recently, the China Securities Regulatory Commission issued the "Action Plan for Promoting High-Quality Development of Indexed Investment in the Capital Market" (hereinafter referred to as the "Action Plan").
The Action Plan is guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, implements the spirit of the Third Plenary Session of the 20th CPC Central Committee and the Central Financial Work Conference, and steadily promotes the new "Nine Regulations" of the capital market and the work arrangements for the entry of medium and long-term funds into the market, adheres to goal-oriented and problem-oriented, continues to strengthen the supply of high-quality indexes, continuously enriches the index product system, accelerates the optimization of the index investment ecology, strengthens the supervision of the entire chain and risk prevention arrangements, and strives to promote the high-quality development of capital market index and index investment.
The main goal of the "Action Plan" is to promote the significant increase in the scale and proportion of indexed investment in the capital market, and accelerate the construction of a new development pattern in which active investment and passive investment in the public fund industry develop in a coordinated manner and promote mutual progress; strengthen the asset allocation function of index funds, steadily improve investors' long-term returns, provide more convenient channels for medium- and long-term funds to enter the market, help build a "long-term investment" ecosystem in the capital market, and strengthen rational and mature medium- and long-term investment forces.
The Action Plan is one of the work measures of the China Securities Regulatory Commission on the Implementation Plan for Promoting the Entering of Medium- and Long-term Funds in the Market. In the next step, the China Securities Regulatory Commission will promote the coordinated efforts of all units and departments in the system to continuously optimize specific institutional arrangements, continuously stimulate the vitality of market institutions, always strengthen supervision and risk prevention, and ensure that all measures in the "Action Plan" are implemented.
"Action Plan for Promoting High-Quality Development of Indexed Investment in Capital Markets"
