The China Securities Regulatory Commission (CSRC) has recently unveiled the "Action Plan for Promoting High-Quality Development of Index Investment in the Capital Market." This plan is designed to lower the investment costs associated with index funds, encompassing various strategies. Among these, the CSRC will continue to waive the annual listing fees for Exchange-Traded Funds (ETFs), encourage the reduction or exemption of related fees such as those for market making, registration, settlement, and index usage, and strive to further decrease the operational costs of index funds.

Furthermore, the plan underscores the importance of guiding industry institutions to promptly and appropriately adjust and reduce the management and custody fees for large-scale, broad-based stock ETFs. Additionally, it proposes a shift in the payment of index license fees for existing index funds, transitioning from being charged directly from fund assets to being borne by fund managers. These comprehensive initiatives are anticipated to significantly propel the high-quality development of index investment within the capital market.