2.3 Market stability improvementThe influence of the first batch of 85 index funds on market expansion is mainly reflected in the following aspects:Improve market efficiency: the transparency and low rate of index funds help to improve market efficiency, reduce transaction costs and increase investor participation.
2.6 Economic growth and wealth effect2.1 Increased market liquidity
The expansion of individual pension system is an important step in the development of multi-level pension insurance system in China, aiming at meeting the challenges brought by the aging population. According to the latest policy, the personal pension system will be extended to the whole country on December 15th, 2024, and the first batch of 85 equity index funds will be included in the catalogue of personal pension investment products. The implementation background of this policy is mainly based on the following points:2.5 Investor Education and Financial Literacy Improvement2.2 diversification of investment style
Strategy guide
12-13
Strategy guide 12-13