Recently, the meeting of the Index Advisory Committee of the Shanghai Stock Exchange (SSE) and China Securities Index Co., Ltd. (CSI) was successfully held. The meeting was chaired by Professor Liu Qiao, Chairman of the Index Advisory Committee and Dean of Guanghua School of Management, Peking University. Over ten members of the Index Advisory Committee conducted discussions on topics such as index development planning, index system construction, and important matters related to index management and maintenance.

The members agreed that the Central Financial Work Conference called for "accelerating the investment-side reform", and the State Council Nine-Point Guideline pointed out "promoting the development of indexing investment", providing clear direction for index work. Indices connect listed companies, financial products, and investors, serving as a crucial component of the high-quality development of the capital market, and can effectively promote the establishment of rational investment, value investment, and long-term investment concepts. With the strong support of the overall economic recovery and growth, the quality of listed companies continues to improve, and the development of domestic indices and indexing investment is in a strategic opportunity period, with vast development space in the future.

With the assistance and guidance of the Index Advisory Committee, the SSE and the CSI have accelerated the enrichment of the index system and promoted the development of indexing investment. Currently, there are about 7,500 SSE and CSI series indices, with the product scale increasing to 2.4 trillion yuan, doubling over the past three years. Since 2024, the cumulative net capital inflow of domestic index fund products has exceeded 360 billion yuan, indicating a significant increase in recognition of indexing investment among various investors, including medium and long-term institutions. The market response to the STAR 50, STAR 100, and other STAR Market indices continues to be positive, with a total scale exceeding 150 billion yuan. The CSI A50 Index launched this year facilitates investors to "one-click configure" high-quality leading enterprises in various industries, with the product scale reaching 21.7 billion yuan, a record high. In addition, since 2024, the yield of dividend index and dividend low volatility index is close to 20%, with the combined product scale reaching 83.6 billion yuan, an increase of 36%.

Going forward, the SSE will further study and implement the spirit of the Central Financial Work Conference, conscientiously implement the deployment and arrangements of the State Council Nine-Point Guideline, and study and formulate a new index business action plan. By focusing on doing a good job in the areas of technology finance, green finance, inclusive finance, pension finance, and digital finance, the index system serving the national strategy and the real economy will be vigorously developed, the indexing investment ecology will be built and improved,  the market vitality will be fully stimulated, and the building of a country with a strong financial sector will be better served.