More favorable policies offered to energize markets

China's efforts in energizing market players, particularly their response towards the COVID-19 pandemic, is well-targeted and diversified, analysts said.

Incentives like financing tools and tax exemptions were put in place to cope with liquidity pressure. One could also see the country's stronger efforts in deepening reform of government operations to boost the business environment, lower institutional transaction costs and energize the market.

As the Chinese economy rebounded strongly from the blow of the pandemic, its endeavors in nurturing a fairer market environment with a more pro-business regulatory framework is moving faster.