China's Vice Premier, Liu He, has called for increased support for listed firms in the midst of a recent market downturn. With the turbulence experienced by Chinese stock markets in recent weeks, Liu He's call for assistance aims to restore stability and confidence in the economy.
The Chinese stock market has been under pressure recently due to a number of factors, including concerns over potential economic slowdowns, regulatory crackdowns, and the impact of the COVID-19 pandemic. As a result, many listed firms have experienced significant losses in their market value, leading to increased volatility and uncertainty.