The primary objective of ecological restoration is recovering biodiversity and ecosystem functioning. While a functional trait-based approach can help understand community assembly and ecosystem function recovery during ecological restoration, there still exists a knowledge gap in assessing how functional traits indicate the mediating roles of the plant community in response to forest restoration effects on ecosystem functions. This study applied the “response-effect trait” framework to investigate experimentally whether the treatment of plantation type has an impact on community trait compositions, which in turn could affect forest ecosystem nutrient stocks – here, carbon (C) and nitrogen (N) and phosphorus (P) stocks in tree, understory, litter and soil pools at an experimental station in subtropical China. We used structural equation models (SEMs) to examine the relationships among plantation type, community weighted mean of traits, and nutrient stocks in each pool. Our results show that most of the tree and understory traits studied were response traits to plantation type. Moreover, certain traits played a significant role in mediating plantation-type effects on C, N and P stocks for understory pool (e.g., understory stem specific density and specific leaf area, tree leaf phosphorus content), and for litter and soil pools (e.g., tree leaf carbon or phosphorus content, understory specific leaf area, leaf nitrogen or phosphorus content), known as “response-effect traits”. For the tree pool, only effect traits, and no “response-effect” tree traits, were found for the N stock. Total effects of SEMs indicated that, understory or tree traits can have a greater impact than plantation type on understory or litter C, N or P stocks. After approximately 35 years of natural restoration, exotic plantations exhibited a different community trait characteristic from native plantations. The important roles of traits in mediating the effects of plantation type on non-tree pool C, N and P stocks were highlighted.