On September 10, at the press conference of the State Information Office, Li Chao, vice chairman of the Securities Regulatory Commission, said that efforts will be made to consolidate a stable foundation. Market stability is a prerequisite for deepening reforms, and it is also an important goal of reform. Thanks to the joint efforts of all parties, major breakthroughs have been achieved in investment-side reforms, and endogenous forces promoting the steady development of the market have been continuously strengthened. Since this year, the total net purchase of A-shares from medium- to long-term capital such as social security, pensions, and insurance has exceeded 600 billion yuan, and the market value of A-shares held in circulation has continued to increase by 12.5% compared to the end of 2025. Medium- to long-term capital insisted on long-term investment and value investment, and achieved good returns for itself and investors. In 2025, the national social security fund's return on investment reached 13.2%. In the first half of this year, the public fund industry generated 1.74 trillion dollars in profits for investors. In the next step, we will continue to improve the “long money and long term investment” market mechanism and ecology, and promote a steady increase in the scale and proportion of medium- to long-term capital entering the market. Continue to vigorously develop equity public funds and strengthen the “stabilizer” function of various medium- and long-term funds. Strengthen cross-border risk monitoring across markets and industries, promote the improvement of long-term mechanisms to support monetary policy tools in the capital market, and enrich the policy toolbox. Strengthen and improve the management of capital market expectations, and actively create a good public opinion ecosystem.

On September 10, at the press conference of the State Information Office, Li Chao, vice chairman of the Securities Regulatory Commission, said that efforts will be made to consolidate a stable foundation. Market stability is a prerequisite for deepening reforms, and it is also an important goal of reform. Thanks to the joint efforts of all parties, major breakthroughs have been achieved in investment-side reforms, and endogenous forces promoting the steady development of the market have been continuously strengthened. Since this year, the total net purchase of A-shares from medium- to long-term capital such as social security, pensions, and insurance has exceeded 600 billion yuan, and the market value of A-shares held in circulation has continued to increase by 12.5% compared to the end of 2025. Medium- to long-term capital insisted on long-term investment and value investment, and achieved good returns for itself and investors. In 2025, the national social security fund's return on investment reached 13.2%. In the first half of this year, the public fund industry generated 1.74 trillion dollars in profits for investors. In the next step, we will continue to improve the “long money and long term investment” market mechanism and ecology, and promote a steady increase in the scale and proportion of medium- to long-term capital entering the market. Continue to vigorously develop equity public funds and strengthen the “stabilizer” function of various medium- and long-term funds. Strengthen cross-border risk monitoring across markets and industries, promote the improvement of long-term mechanisms to support monetary policy tools in the capital market, and enrich the policy toolbox. Strengthen and improve the management of capital market expectations, and actively create a good public opinion ecosystem.