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The influence of the first batch of 85 index funds on market expansion is mainly reflected in the following aspects:2.5 Investor Education and Financial Literacy ImprovementThe influence of the first batch of 85 index funds on market expansion is mainly reflected in the following aspects:

2. The influence of index funds into individual pensionsImprovement of market stability: the entry of long-term funds into the market will help reduce short-term fluctuations in the market and improve market stability, which is of positive significance to the healthy development of the capital market.Underdevelopment of the third pillar: Compared with developed countries, the scale of the second and third pillar pensions in China is relatively low, which needs to be promoted through policy guidance.

1.3 data support2.6 Economic growth and wealth effect