Group 1 - The article emphasizes the importance of cultivating long-term and patient capital to stabilize and develop the capital market, highlighting a "1+N" policy system aimed at optimizing market structure and enhancing stability [1][5] - Long-term capital and patient capital are characterized by their focus on long-term value rather than short-term gains, providing stable funding that supports enterprise development and market competitiveness [2][5] - The introduction of long-term and patient capital is expected to mitigate market volatility, promote long-term value investment, and enhance the overall quality and efficiency of the capital market [6][12] Group 2 - Recommendations for fostering patient capital include optimizing state-owned capital investment mechanisms, constructing a multi-tiered capital market, and improving policies for long-term funds to enter the market [7][8][9] - The article discusses the need to address barriers to long-term capital entering the market, such as regulatory restrictions and short performance evaluation periods for institutional investors [13][14] - Different types of long-term capital, including insurance funds, social security funds, and public funds, have unique characteristics and advantages that should be leveraged to support the capital market effectively [15][16]