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I. Providing a long-term and stable source of funds for the capital marketFourth, the potential challenges to the capital marketTo sum up, the full implementation of the individual pension system will have a far-reaching impact on the capital market. This move will provide a long-term stable source of funds for the capital market, promote product innovation in the capital market, and help the capital market develop with high quality. At the same time, we also need to pay attention to the possible challenges and take corresponding measures to deal with them.

I. Providing a long-term and stable source of funds for the capital marketThird, help the high-quality development of the capital market

I. Providing a long-term and stable source of funds for the capital marketMajor positive! Personal pension system is expected to be fully implemented.To sum up, the full implementation of the individual pension system will have a far-reaching impact on the capital market. This move will provide a long-term stable source of funds for the capital market, promote product innovation in the capital market, and help the capital market develop with high quality. At the same time, we also need to pay attention to the possible challenges and take corresponding measures to deal with them.