Policy Package Intensively Launched

In 2025, China has intensively launched a series of stabilization policy measures. The central bank implemented RRR cuts and rate cuts, releasing approximately 1 trillion RMB in long-term liquidity. Fiscal policy also strengthened with accelerated special bond issuance.

A-share Trading Volume Returns to Trillion Level

Driven by policy benefits, A-share market sentiment has recovered significantly. Daily trading volume in Shanghai and Shenzhen markets has consistently remained above 1 trillion RMB, doubling from the 2024 low.