Central Bank: continue issuing central bank bills on a regular basis to support the Ministry of Finance in increasing the issuance scale of offshore RMB government bonds.

On July 15, Xie Guangqi, Director of the Monetary Policy Department of the People's Bank of China, stated at a press conference at the State Council Information Office that the People's Bank of China will continue to issue central bank bills on a regular basis and support the Ministry of Finance in further increasing the issuance scale of offshore RMB government bonds, enriching the issuance terms, and increasing the supply of high-quality assets. Through the improvement of the market mechanism, it aims to attract sovereign entities, financial institutions, multinational companies and other entities to issue RMB bonds, enriching the supply of diversified assets.