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Chairman of the CSRC Wu Qing: In the past five years, the fund industry's stock investment scale has increased by 41% to reach 13.4 trillion yuan, with the proportion of A-shares held in circulating market value reaching 13.7%.

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Golden Finance reports that on June 6th, the China Securities Regulatory Commission released Wu Qing's speech at the Fourth Member Congress of the China Securities Investment Fund Industry Association. Wu Qing pointed out that over the past five years, the fund industry's stock investment scale has grown by 41% to 13.4 trillion yuan, with the proportion of A-share circulating market value held reaching 13.7%. Rational investing, value investing, and long-term investing have become widespread consensus. At the same time, the fund industry has become an important partner for social security, insurance, pensions, and other medium- and long-term funds, as well as a key entrusted institution for equity investments. It has played a crucial role in optimizing the investor structure in the capital market, expanding channels for medium- and long-term funds to enter the market, increasing market liquidity, and reducing market irrational fluctuations.
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