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Major positive! Personal pension system is expected to be fully implemented.Fourth, the potential challenges to the capital marketI. Providing a long-term and stable source of funds for the capital market

Second, promote product innovation in the capital marketThird, help the high-quality development of the capital marketThe personal pension system is expected to be fully implemented, which means that China's old-age security system will be further improved, and it will also have a far-reaching impact on the capital market. The following are my views on the impact of this move on the capital market:

Fourth, the potential challenges to the capital marketSecond, promote product innovation in the capital market