China Policymakers Prioritize Self Reliance Amid Growing Trade Tensions

Li Chen
24 Oct, 2025
Hong Kong

Stocks in China and Hong Kong traded higher, and top policymakers vowed to accelerate investment in the domestic economy. 

The Hang Seng index increased by 0.5%, while the mainland-focused CSI 300 index edged up by 0.4%, extending their weekly gains to 0.9% and 1.7%, respectively. 

Policymakers stressed the importance of accelerating domestic economic development, advancing the use of modern technologies, and keeping social stability. 

The communique was released at the end of the fourth plenum of the 20th Central Committee of the Communist Party of China, held between October 20 and 23 in Beijing.

"We must maintain a reasonable proportion of manufacturing and build a modern industrial system with advanced manufacturing as its backbone. 

We must optimize and upgrade traditional industries, cultivate and strengthen emerging and future industries, promote the high-quality and efficient development of the service industry, and build a modern infrastructure system," according to a statement released by committee members.

 

China Indexes and Stocks 

The Hang Seng Index increased 0.5% to 26,122.10, and the mainland-focused CSI 300 index edged up 0.4% to 4,636.93. 

Alibaba Group Holding increased 2.2% to HK $168.40, Tencent Holdings gained 0.6% to HK $635.0, Baidu Inc. advanced 1.2% to HK $117.90, and SMIC soared 6.3% to HK $78.70. 

Li Ning Co. Ltd dropped 2% to HK $18.17, ANTA Sports Products inched up 0.2% to HK $88.30, and Nongfu Spring Co. Ltd increased 0.3% to HK $54.60. 

Dynamic Electronics soared 380% to 83.52 yuan, and the company listed its stock on the Shanghai Stock Exchange.

The company sold 52.5 million shares and priced its offering at 17.08 yuan per share.