What does the 3% valuation of China Bond mean?

The 3% valuation of bonds means that the one-year valuation yield of China's bond market with implied rating of AAA is around 3%.

China Bond Valuation is an act of China Bond Depository and Clearing Co., Ltd. (referred to as China Bond Board) to value the bonds of users of China Bond information products. China Bond Valuation Center Co., Ltd. provides various bond yield indicators.

The 3% valuation of China Bond is an indicator of bond yield, which means that the one-year bond with AAA rating implied in China bond market has a valuation yield of around 3%. This indicator can help investors understand the level of bond returns and make more informed investment decisions.