At the press conference held by the State Council Information Office on January 23, Vice Minister of Finance Liao Min responded to a question from a reporter from China Securities News, stating that the Ministry of Finance will urgently implement the "Implementation Plan for Promoting Medium - and Long term Fund Entry into the Market", optimize and improve the national social security fund investment management system, and improve the long-term assessment system for the investment and operation of the national social security fund. Further promote the entry of insurance funds into the market and revise the long-term assessment system for state-owned commercial insurance companies. Optimize and improve the investment management system of social security funds. "The National Social Security Fund is a reserve fund for China's social security, and the basic principle of investment operation is to maintain and increase the value of the fund while ensuring asset safety and liquidity. When conducting investments, the National Social Security Fund must always adhere to this principle," said Liao Min. Liao Min stated that the Ministry of Finance, as the management department of the Social Security Fund, will continue to supplement the national social security fund. While strengthening the fund's protection capacity, it will support the injection of funds to increase investment in the capital market. Moreover, more flexible stock investment portfolios will be adopted to provide continuous support for the positive development of the capital market, and to achieve a win-win situation for the preservation and appreciation of the fund and the stable operation of the capital market. For the specific arrangements in the future, he revealed that he is working hard to do two tasks. One is to optimize and improve the investment management system of the national social security fund. The Ministry of Finance has revised the management measures for domestic investment of the National Social Security Fund and solicited public opinions. The Ministry of Finance is urgently studying and absorbing feedback, and will officially announce it as soon as the procedures are followed. The revised method combines the latest development situation of the financial market, optimizes the proportion of different investment products, and further enhances the investment intensity and flexibility of the national social security fund. The second is to improve the long-term assessment system for the investment and operation of the national social security fund. The Ministry of Finance is studying and improving the long-term assessment system of the National Social Security Fund, refining and improving the requirements for a long-term assessment mechanism of more than 5 years. It plans to assess the investment and operation of the fund from different dimensions such as risk management and value preservation and appreciation, taking into account the short-term investment returns and long-term value preservation and appreciation goals of the fund, consolidating the concept of long-term investment, and strongly supporting the long-term stable and healthy development of China's capital market. Further promoting the entry of insurance funds into the market and implementing long-term performance evaluations of state-owned commercial insurance companies is an important measure to encourage insurance companies to utilize the capital market for medium - and long-term investments. Liao Min introduced that from the perspective of the fund operation of large state-owned commercial insurance companies in China, there is still some room for increasing investment in the capital market. The high-quality development of the capital market requires the participation of medium - and long-term investment funds, including more insurance funds, to reduce short-term fluctuations and enhance long-term development resilience; The high-quality development of the capital market will also have a positive impact on the preservation and appreciation of medium - and long-term funds, including insurance funds. Liao Min stated that he will further promote the entry of insurance funds into the market and revise the long-term assessment system for state-owned commercial insurance companies in accordance with the requirements of the Implementation Plan. The main considerations include: further increasing the long-term assessment weight of operational efficiency indicators. The assessment weight of the long-term indicator of "return on equity" has been adjusted to no less than 60%, increasing the entry of more medium and long-term funds into the capital market, making the assessment period more suitable for the investment cycle of long-term funds, and further leveraging the long-term capital attributes of insurance funds. Implement long-term assessment of state-owned capital preservation and appreciation indicators. Through a combination of long-term and short-term assessment methods, state-owned commercial insurance companies are encouraged to increase their investment in the medium and long term, achieving stable growth in owner's equity and preservation and appreciation of state-owned capital. Promote state-owned commercial insurance companies to improve their investment management capabilities. Encourage and guide state-owned commercial insurance companies to strengthen investment management and enhance their ability to operate funds in the long term. (New Society)