Economists allay bear market fears

China's stock market, despite fluctuating, will not turn bearish, veteran economist Li Yining said yesterday.

"The stock market was bullish in general last year. But as the split-share structure reform has drawn to an end, it may undergo a correction," the 87-year-old member of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC), said.

Stock market growth will be one of the key topics for discussion among the country's political advisors, who met yesterday afternoon for their annual full session at the Great Hall of the People in Beijing.