Just as stabilizing the property market is of great significance for boosting social expectations and unblocking the domestic demand circulation, stabilizing the stock market is equally important.

In terms of supporting and serving the capital market, Li Yunze introduced that the State Financial Regulatory Commission will fully leverage the advantages of insurance funds as patient and long-term capital, and intensify efforts to enter and stabilize the market.

In the early stage, the State Financial Regulatory Commission launched a pilot program for long-term investment reform of insurance funds, providing real incremental funds for the stock market. Last month, the State Financial Regulatory Commission raised the upper limit of the proportion of equity asset investment by insurance funds again, further releasing investment space.

It is learned that the Financial Regulatory Authority will also introduce three specific measures to continue supporting the stability and vitality of the capital market.

First, further expand the pilot scope of long-term investment by insurance funds. Recently, the State Financial Regulatory Commission plans to approve another 60 billion yuan to inject more incremental funds into the market. Second, adjust the solvency supervision rules, further reduce the risk factor of stock investment by 10%, and encourage insurance companies to increase their entry into the market. Third, we will promote the improvement of the long-term assessment mechanism, motivate institutions, and facilitate the realization of “long-term investment with long-term funds”.