[China Securities Regulatory Commission: The next step will be to guide and encourage the 18 active ETFs that have completed fundraising to accelerate investment and position building] On November 2, the head of the relevant department of the China Securities Regulatory Commission answered reporters’ questions on the recent work related to stabilizing the market and stabilizing expectations. In the next step, the China Securities Regulatory Commission will guide and encourage the 18 active ETFs that have completed fundraising to accelerate investment and position building. At the same time, we will continue to increase the supply and innovation of equity fund products and support the counter-cyclical layout of fund managers. Launch more new index stock ETFs to enrich on-market investment tools. Research and launch multi-asset index funds with a constant ratio of stocks and bonds, enrich over-the-counter medium and low volatility products, and better meet the investment needs of different investors. Fund managers are encouraged to issue more floating fee funds to further strengthen the binding of interests between fund managers and holders.