On the morning of May 7, the Information Office of the State Council held a press conference. The People's Bank of China, the State Financial Supervisory Administration, and the China Securities Regulatory Commission introduced the “package of financial policies to support stable market expectations”. Song Yu, chief Chinese economist at BlackRock, believes that policy adjustments have had a positive impact on the equity market and have effectively relieved the market pressure previously brought about by changes in the external environment, etc.

On the morning of May 7, the Information Office of the State Council held a press conference. The People's Bank of China, the State Financial Supervisory Administration, and the China Securities Regulatory Commission introduced the “package of financial policies to support stable market expectations”. Song Yu, chief Chinese economist at BlackRock, believes that policy adjustments have had a positive impact on the equity market and have effectively relieved the market pressure previously brought about by changes in the external environment, etc.