China and the US have reached two new consensuses: extending exchanges on the balanced economic growth of the two countries and the world, and promoting financial stability - among other financial issues - during US Treasury Secretary Janet Yellen s visit to China from Thursday to Tuesday.
The business performances of foreign-invested companies in China are particularly impressive. Those that have been operating in China are making expansion plans, while more and more foreign companies are coming to invest and settle in the Chinese market to seize growth opportunities.
China’s A-share public companies have increased stock buybacks in an effort to shore up returns for their shareholders amid regulatory calls to protect broad investors and promote stability in the market.
The A-share market experienced a notable rebound on Thursday, with the Shanghai Composite Index (SCI) surpassing the 3,000-point threshold and all three major Chinese indexes ending the month on a positive note and breaking a six-month streak of losses.
China s three major A-share indexes continued to close higher across the board on Friday trading, with the benchmark Shanghai Composite Index regaining 3,000 points and recovering all losses since the beginning of 2024. Experts said they were mainly boosted by effective support policies to stabilize the stock market and continuous improvement of economic fundamentals.