Shanghai Securities News: Series of policies will create synergy, long-term development of capital market can be expected.

Optimize two monetary policy tools that support the capital market, further expand the pilot scope of long-term investment of insurance funds, and prudently promote the reform of public funds... The People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission revealed many policy measures during a press conference at the State Council Information Office on May 7, vigorously promoting the entry of medium and long-term funds into the market. In the view of industry insiders, medium and long-term funds are important professional investment forces in the capital market and also the "ballast" and "stabilizer" for maintaining the market's stable and healthy operation. After the implementation of relevant policies, it is expected that more "long money" will enter the market, which may further optimize the structure of investors and enhance the stability and resilience of the capital market.