[CSRC: fund investment advisory institutions should adhere to the concept of long-term investment] the CSRC publicly solicited opinions on the "regulations on the Management of Investment Consulting Business of publicly raised Securities Investment funds (draft for soliciting opinions)". It is mentioned in the regulations that if the fund portfolio strategy sets a certain lock-up period, or includes regular opening of funds and other funds with limited circulation, the fund investment consultant shall specially alert the client of the risk and obtain the client's consent. The lock-up period arrangement shall match the customer's investment period and investment target, and shall not be longer than the customer's target investment period or violate the customer's investment target. Fund investment consultants should adhere to the concept of long-term investment and effectively control the turnover rate of fund portfolio strategies.