The China Securities Regulatory Commission (CSRC) is launching actively managed ETFs. Relevant parties: will first pilot the product, adhere to a phased, step-by-step, prudent and gradual development approach

Chairman of the China Securities Regulatory Commission, Wu Qing, stated at the 2026 Lujiazui Forum that the launch of actively managed ETFs is another major innovation in the mutual fund industry, which helps to create a complete ETF ecosystem covering multiple asset classes with both passive and active strategies, driving the high-quality development of the mutual fund industry. According to information from relevant sources, the follow-up will adhere to a phased, step-by-step, and steady development approach, initially launching pilot products and simultaneously improving supporting institutional systems and ecosystem construction. After the first batch of pilot projects run smoothly, product supply will gradually expand, continuously enriching wealth management tools, introducing long-term incremental funds to the capital market, and injecting lasting momentum into the innovative development of the mutual fund industry.