President Xi Jinping is intensifying efforts to rejuvenate China's economy, with a special focus on the private sector.

The People's Bank of China (PBOC) is central to this strategy, providing liquidity to the struggling property market and spearheading broader reforms.

These reforms include 25 new measures to bolster the private sector, impacting industries from technology to real estate.

A key aspect of these reforms is the expansion of the corporate bond market, making it more accessible to smaller private companies.

This expansion includes innovative financial tools like green bonds and asset-backed securities.

Additionally, plans are underway to develop a high-yield bond market, specifically targeting tech-oriented SMEs, aiming to diversify financing options and attract international investors.

However, the effectiveness of these reforms largely depends on their implementation.

Despite the promising outlook, investor confidence remains tentative due to past discrepancies between policy announcements and their execution.

The success of these initiatives will be crucial in reversing the massive capital flight and restoring global confidence in China's economic policies.