Li Chao, Vice Chairman of the China Securities Regulatory Commission (CSRC): Since the beginning of this year, long-term funds have net purchased over 600 billion yuan in A-shares, and their holdings of tradable market capitalization have increased by 12.5% compared to the end of last year.

Li Chao, Vice Chairman of the China Securities Regulatory Commission (CSRC), stated at a press conference held by the State Council Information Office on September 10 that the CSRC has set the development goals for the capital market during the "15th Five-Year Plan" period, aiming to largely establish a new pattern of high-quality capital market development by 2030, with significantly enhanced comprehensive strength and international competitiveness. He pointed out that since the beginning of this year, long-term funds such as social security funds, annuities, and insurance funds have cumulatively made net purchases of A-shares exceeding 600 billion yuan, and their holdings of A-share circulating market value have increased by 12.5% compared to the end of 2025. Li Chao also revealed that the revised Regulations on the Supervision and Administration of Securities Companies are expected to be introduced soon. The CSRC will continue to improve the market mechanisms and ecosystem for "long-term money for long-term investment," promote a steady increase in the scale and proportion of long-term funds entering the market, and facilitate the standardized application of artificial intelligence in the capital market.