年度之约，质启新程，财联社首届公募业高质量发展论坛成功举办

Core Insights - The public fund industry is approaching a total scale of 37 trillion yuan, highlighting the need for high-quality development and effective service to the real economy [1][4][6] - The forum emphasized the importance of collaboration among various stakeholders, including regulators, fund companies, and financial institutions, to address industry challenges and promote sustainable growth [1][2][3] Group 1: Forum Highlights - The forum gathered over 80 executives from fund companies and financial institutions, facilitating direct dialogue between policymakers and company decision-makers [1][2] - Key industry pain points discussed included unreasonable performance benchmarks, fund fee reductions, lack of long-term incentive mechanisms, talent retention issues, and compliance shortcomings [1][2] - The forum provided actionable insights on building governance structures that align with new regulations and embedding long-term investment principles within organizations [1][2] Group 2: Regulatory Perspectives - Regulatory representatives expressed expectations for the healthy development of the public fund industry, emphasizing the need for proactive actions within the entire ecosystem [2][3] - The ETF market in China has seen significant growth, with a market size exceeding 5.62 trillion yuan, positioning it as the largest in Asia [2][3] Group 3: Industry Trends - The global ETF market has surpassed 18 trillion USD, with a notable shift towards actively managed ETFs, which are becoming a new growth engine [9][10][12] - China's ETF market has grown approximately sevenfold since 2019, yet it still represents only 5% of the total stock market capitalization, indicating substantial growth potential [10][12] Group 4: Strategic Initiatives - The establishment of the "Evergreen Think Tank" aims to create an open research platform to provide strategic support for the industry [2][31] - The forum highlighted the necessity for the public fund industry to enhance its research capabilities and focus on long-term value investment to align with national economic goals [31][32]