Wu Qing: Accelerate the launch of institution investor direct sales service platform to facilitate various types of institutional investors to participate in fund investments.

On May 7th, Wu Qing, Chairman of the China Securities Regulatory Commission, stated during a press conference at the State Council Information Office that the "Action Plan for Promoting High-Quality Development of Public Fund" is relatively mature and will be released soon. The plan highlights the improvement of the ability to integrate services, guiding fund companies and fund sales institutions to optimize investment research, product design, risk management, and provide better services to investors. The plan also emphasizes the timely introduction of regulations on public fund investment advisors, accelerating the launch of institutional investor direct sales service platforms to facilitate various types of institutional investors to participate in fund investments.