China's central bank has announced a series of powerful stimulus measures, marking the most aggressive policy easing since the pandemic. This includes significant interest rate cuts and reductions in mortgage down payments aimed at revitalizing the struggling economy. Following these moves, mainland Chinese stocks experienced their best day in four years, surging over 4% as investors reacted positively to the PBOC's bold interventions. The stimulus is expected to have a wide-reaching impact, also benefiting Asian markets and European shares, which are advancing towards record levels. Analysts believe that these measures will help address China's domestic economic challenges, which have global implications, and will work to achieve annual growth targets amidst ongoing economic turmoil.