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People familiar with the matter revealed that the 10 new coronary disease management measures will supplement the 20 measures introduced last month to optimize epidemic prevention, and pave the way for more coordinated loosening policies. The market's expectations for China's economic recovery have improved markedly, and the mainland and Hong Kong stock markets, the RMB, etc. have risen across the board. The Shanghai and Shenzhen 300 Index closed up 2%, the Hang Seng Index rose 4.5%, and both domestic and foreign RMB broke through the 7 yuan mark against the US dollar.
China's major cities have relaxed their epidemic prevention measures over the past few days. It is rumored that the central government may announce 10 new measures for the management of COVID-19 as early as Wednesday (December 7), and may end the strictest control measures that have continued for nearly three years as early as January next year.
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