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2.4 Optimization of capital market structureUnderdevelopment of the third pillar: Compared with developed countries, the scale of the second and third pillar pensions in China is relatively low, which needs to be promoted through policy guidance.2.3 Market stability improvement


According to official data, as of December 12th, the number of products that can be invested by individual pension in Public Offering of Fund has increased to 284, all of which have announced the establishment of Y share. This expansion is expected to have the following impact on the market:The influence of the first batch of 85 index funds on market expansion is mainly reflected in the following aspects:1.3 data support


2.5 Investor Education and Financial Literacy ImprovementMarket scale growth: The inclusion of index funds is expected to attract more individual pensions to participate, thus increasing market scale and improving market liquidity.2.6 Economic growth and wealth effect

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