united states new currency Knowledge

Guide long-term funds to enter the market: Personal pension is a long-term fund, and its investment in index funds will help guide more long-term funds to enter the capital market and enhance market stability.Improvement of market stability: the entry of long-term funds into the market will help reduce short-term fluctuations in the market and improve market stability, which is of positive significance to the healthy development of the capital market.2.6 Economic growth and wealth effect

2.5 Investor Education and Financial Literacy ImprovementThe expansion of individual pension system is an important step in the development of multi-level pension insurance system in China, aiming at meeting the challenges brought by the aging population. According to the latest policy, the personal pension system will be extended to the whole country on December 15th, 2024, and the first batch of 85 equity index funds will be included in the catalogue of personal pension investment products. The implementation background of this policy is mainly based on the following points:2.2 diversification of investment style

1.2 Impact of market expansionBy investing in index funds, personal pension is expected to share the dividend of national economic development and realize the preservation and appreciation of personal pension reserves. According to the principle of economics, long-term capital entering the market will help promote economic growth. At the same time, the appreciation of pension assets is also expected to enhance the wealth effect of residents and further promote the steady improvement and long-term improvement of the economy. This effect plays an important role in coping with the aging population and promoting social harmony.