BlackRock's Song Yu: Policy adjustments have a positive driving effect on the equity market.

On the morning of May 7, the State Council Information Office held a press conference to introduce the relevant situation of the "package financial policies to support market stability and expectation stability" by the People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission. Song Yu, Chief China Economist at BlackRock, believes that the policy adjustments have a positive impact on the equity market, effectively alleviating market pressures caused by changes in the external environment.