China's central bank governor, the Minister of Finance and the officials from the National Development and Reform Commission have unanimously determined that the both the economic situation and financial system have been stabilized.

Anbound’s scholars are of the view that the confidence of the decision-making departments come from their judgment on the current situation.

The focus of the policy has switched from a particular market to the whole economy and this is the correct direction.

If the market is not having confidence issue with the overall economy, the capital market will follow suit and at the very least, the capital market will not continue to slump.