As to whether there are risks in the entry of pension funds into the market, the National Council for Social Security Fund stated that the Council is entrusted with investing and operating basic pension insurance funds and will adhere to a more prudent approach and allocate more new funds to fixed income. Among the products, it ensures the maintenance and appreciation of fund value. Fixed income products mainly refer to money market funds and bond funds, which have the characteristics of stable income and basically controllable risks.

Not only that, Dai Xianglong, chairman of the National Council for Social Security Fund, has also expressed in public many times recently that he recommends that social pension funds be put into operation, especially at the just-concluded two sessions. Dai Xianglong also said that ten The Second Five-Year Plan proposed that pension investment operations should be actively and steadily promoted.

Social security funds are known for their precise hunting of bottoms and escapes from tops. Dai Xianglong once said that in fact, the real meaning of pension funds entering the market lies in "investment" and "operation", not just entering the stock market for short-term cash. This is also international practice.

Dong Dengxin, director of the Institute of Finance and Securities at Wuhan University of Science and Technology, said that the entry of China's local pension insurance funds into the market has officially crossed the "controversial stage" and has been put into practical action. As the first cooperation case, Guangdong has an important demonstration effect. When CPI remains high and deposit interest rates are negative, local social security funds enter the market and focus on investing in fixed-income products, which is a useful attempt. It is believed that following Guangdong’s favorable attempt to enter the pension market, some economically developed provinces will also start the process of entering the pension market.

Data show that by the end of 2011, my country’s cumulative pension balance managed by various localities was nearly 2 trillion yuan

For the capital market, Dong Dengxin emphasized that the entry of pension funds into the market is a The mid- to long-term demonstration effect is also a major benefit to the market, and the injection of incremental funds will undoubtedly provide fresh blood to the market.

Dong Dengxin said that the entry of pension funds into the market is a trend and orientation. The significance of the entry of pension funds into the market is that it can reflect the scale of pension funds at a large level. At present, my country’s pension reserves are very small and the gap is relatively small. larger.

Li Daxiao, director of the Yingda Securities Research Institute, said yesterday that local pension funds entered the market through entrusting social security funds, opening up channels for pension funds to invest in the stock market and increasing buyer power, which is a major benefit to the market.