The CSRC issued opinions on accelerating the high-quality development of the public offering fund industry. Suggestions should be made to improve the core competence of investment and research. Guide fund managers to build a team, platform and integrated investment and research system, increase the proportion of investment and research personnel, improve the echelon training plan of investment and research personnel, and do a good job in the accumulation and inheritance of investment and research ability. reverse the development model of over-reliance on "star fund managers". Promote fund managers to achieve macro, strategic, industry and corporate full-dimensional research coverage, and effectively improve the ability of stock issuance and pricing.