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Increase investment options: Incorporating index funds provides more investment options for individual pension investors, enriches the product line and meets the needs of investors with different risk preferences.The influence of the first batch of 85 index funds on market expansion is mainly reflected in the following aspects:The influence of the first batch of 85 index funds on market expansion is mainly reflected in the following aspects:

2.2 diversification of investment style2.5 Investor Education and Financial Literacy Improvement2.1 Increased market liquidity

The expansion of individual pension system is an important step in the development of multi-level pension insurance system in China, aiming at meeting the challenges brought by the aging population. According to the latest policy, the personal pension system will be extended to the whole country on December 15th, 2024, and the first batch of 85 equity index funds will be included in the catalogue of personal pension investment products. The implementation background of this policy is mainly based on the following points:1.3 data support2. The influence of index funds into individual pensions