Zheng Shanjie, chairman of China’s National Development and Reform Commission, on Tuesday pledged a raft of actions to bolster the country’s economy during a highly-anticipated press conference.

After four miserable years, stock market in Hong Kong and mainland China are finally soaring, but whether benefits from the economic stimulus measures announced in September spread beyond stock investors and into the real economy have yet to be seen.

China said it’s confident in reaching its economic targets this year and promised further support for growth, although it held back in unleashing more stimulus in a disappointment to investors looking for more fuel for a world-beating stock rally.

Beijing has struggled to kick-start the economy as officials hope to achieve about 5% growth this year — a goal analysts say is optimistic

After a strong start, with shares surging over 10% following the Golden Week holiday, Chinese stocks reversed course as the much-anticipated news conference failed to deliver substantial details about boosting the country’s sluggish economy.