People's Bank of China on Friday (October 20) launched 828 billion yuan (Same, Same than S $ 157 billion) for seven -day reverse repurchase operation, except for the expired 95 billion reverse repurchase, the central bank towards the open market to the open marketNet offering 733 billion yuan.
The Bank of China Monetary Policy Division issued a announcement on Friday that it was the impact of factors such as the peak of the tax period and the payment of government bond hairstyles.Yuan inverse repurchase operation.
Bloomberg analyzed that the Chinese economy's growth this year has been underpowered by insufficient demand and the sluggish real estate market. Injecting liquidity to the market will provide an urgent motivation for China's growth momentum.
In addition, the People's Bank of China also injected 289 billion yuan of funds into the market through the mid -term borrowing convenience (MLF), and the net investment scale was the largest in the past three years.
China's GDP (GDP) data is also released this week. In the third quarter, GDP increased by 4.9%year -on -year, and GDP increased by 5.2%year -on -year in the first three quarters.
Sheng Laiyun, deputy director of the National Bureau of Statistics of China, said that as long as it increases by more than 4.4%in the fourth quarter, it can ensure that the expected target of about 5%of the year can be completed. He is "very confident" in completing the expected goal.
