Optimizing two monetary policy tools to support capital markets

On May 7, Pan Gongsheng, the governor of the People's Bank of China, said at the press conference of the State Information Office on May 7 that the two monetary policy tools to support capital markets should be optimized, and the securities, funds and insurance company swap facility 500 billion yuan and the stock repurchase and re-loan 300 billion yuan should be used together, with a total amount of 800 billion yuan.