Intent to protect is obvioussince August, the central bank has increased the injection of medium and long-term liquidity.

Data shows that this week, there will be 20.77 trillion yuan of reverse repurchase agreements maturing in the open market, along with 300 billion yuan of medium-term lending facility and 900 billion yuan of repurchase agreements maturing. Experts indicate that since August, the central bank has conducted repurchase agreements operations twice and has continuously conducted reverse repurchase agreements operations to achieve net input, as well as implemented MLF operations to maintain ample liquidity in the banking system. In the future, the central bank will continue to strengthen market liquidity regulation through various monetary policy tools.