CICC(601995) 证券时报网·2025-01-25 00:45Core Viewpoint - The implementation plan aims to facilitate the entry of long-term funds into the market, enhancing the scale of long-term capital in the A-share market [1][2]. Group 1: Policy Measures - The plan proposes to steadily increase the investment ratio of stock assets in the national social security fund and to expand the entrusted investment scale of basic pension funds in certain regions [1]. - It establishes a long-term performance assessment mechanism for the national social security fund (over five years) and basic pension funds (over three years), aligning with their long-term investment nature [1]. Group 2: Market Impact - Increasing the entry of social security and pension funds into the market is expected to improve the capital market ecosystem and promote high-quality development [2]. - Long-term funds act as stabilizers in the capital market, enhancing internal stability and investor confidence by being less affected by short-term fluctuations [2]. Group 3: Economic Development - Long-term funds contribute to the development of new productive forces and economic transformation by supporting technological innovation and improving corporate governance [3]. - These funds are positioned to engage in infrastructure investment, green growth, and financing for small and medium-sized enterprises, ensuring sustainable economic growth [3].