On January 26th, the China Securities Supervision Commission issued the "Action Plan for Promoting the High-quality Development of Indexed Investment in capital markets". The "Action Plan" proposes to steadily promote the two-way opening up of indexed investment. Coordinate openness and security, steadily expand the institutional opening of index products, and improve the ETF interconnection mechanism. Steadily expand the scope of ETFs to be included in the Shanghai, Shenzhen and Hong Kong Stock Connect targets. Steadily promote ETF cross-linking cooperation and domestic index overseas authorization for the development of index products and index derivatives, and attract foreign investment to participate in the class A share market through indexed investment.