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2.1 Increased market liquidityTo sum up, the inclusion of the first batch of 85 index funds in the personal pension investment catalogue not only responded to the guidance of national policies, but also brought more incremental funds and investment options to the market, which is expected to have a positive impact on the expansion and stability of the market.The aging of the population is increasing: the proportion of people over 60 years old in China continues to increase, and it is expected to reach 29.9% by 2040, which poses great pressure on the existing old-age security system.

2.2 diversification of investment style2.4 Optimization of capital market structure2.6 Economic growth and wealth effect

Increase investment options: Incorporating index funds provides more investment options for individual pension investors, enriches the product line and meets the needs of investors with different risk preferences.2.6 Economic growth and wealth effectThe first batch of 85 index funds are included in personal pension investment. How will the expansion affect the market? Interpretation of many fund companies