Core Viewpoint - The head of China's Financial Regulatory Authority, Li Yunzhe, emphasizes continued support for stabilizing and invigorating the capital markets, alongside the approval of an additional 60 billion yuan to further expand the pilot scope for long-term investments by insurance funds [1] Group 1 - The Chinese government is actively working to stabilize and enhance the capital markets [1] - An additional approval of 60 billion yuan has been granted to support this initiative [1] - The expansion of the pilot scope for insurance fund long-term investments indicates a strategic move to encourage more substantial investments in the market [1]