Economic Daily: The determination to stabilize the stock market is confidence

The Economic Daily pointed out in its article that this year’s government work report for the first time included stabilizing the housing market and stock market into the overall requirements, and proposed greater efforts to promote the healthy development of the housing and stock markets, once again highlighting the important position of the stock market and reflecting the Party Central Committee and State Council’s attitude and determination to stabilize the stock market. From “activating the capital market” and “striving to boost the capital market” to stabilizing the stock market, what has changed are the specific deployments for building and developing a good stock market; what remains unchanged is the high regard for the stock market, an accurate grasp of the current economic situation, and a far-reaching plan for future development. Currently, China’s economic and social development faces multiple tasks such as advancing reforms, benefiting people’s livelihoods, and boosting confidence. There is an urgent need for a stable and healthy functioning stock market to stabilize development confidence, boost social expectations, and safeguard economic growth.