Hello friends! 👋 Have you ever saved money in a piggy bank for something special? 🐷💰 Well, countries do something similar, but on a much bigger scale!
Recently, in the Chinese mainland, a big organization called the China Securities Regulatory Commission (CSRC) announced some exciting news! They want to encourage more people and companies to invest in the future. 📈✨
The CSRC’s chairman, Wu Qing, talked about how important it is to have long-term investments. Think of it like planting a tree today so it can grow tall and strong in the future! 🌳
They have made a plan to help different groups like insurance companies, public funds (that’s like big savings accounts), and pension funds (money saved for when people retire) to invest more in the stock market. The stock market is where people buy and sell tiny pieces of companies, called shares. 📊
The goal is to have these groups invest more money in A-shares, which are shares of companies in the Chinese mainland. They want to increase these investments by at least 10% every year for the next three years! That’s like adding more and more seeds to grow a big forest! 🌲🌲🌲
Big insurance companies are also joining in! They plan to invest 30% of their new yearly money into these shares. This means there will be lots more money helping companies grow and create new things! 💡
Wu Qing shared that by 2025, even more money will be invested, adding an extra 100 billion yuan! That’s a huge number! 💰💰💰
They also decided to check how these investments are doing over longer periods, like three to five years, instead of looking every day. This way, they won’t worry about small changes, just like not checking your plant every hour but letting it grow over time. 🌱➡️🌿➡️🌳
This plan is like a team effort to make sure everyone saves and invests wisely for a brighter future! 🌟 So, next time you put coins in your piggy bank, remember that countries are also saving and investing for the future, just like you! 😊
Reference(s):
China sets targets for long-term investment in capital market
cgtn.com
