Key meeting works as compass for China's economy in 2024

Kristina Hooper, chief global market strategist at Invesco, a global investment management company, told China News Service that the Chinese government introduced optimistic policies to respond to market volatility.

Hooper remains upbeat about China's 2024 stock market outlook and believes the market is expected to have further policy measures.

Introducing stimulus policies is important for uplifting consumer sentiment and, by extension, investor confidence. Pro-business policies garner positive investor reactions, she said.

Future real estate-targeted policies will reassure both investors and consumers, signaling proactive efforts by the government to drive positive market changes.