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A man hangs lanterns at a scenic area ahead of the upcoming Chinese Lunar New Year in Fengnan District of Tangshan, north China s Hebei Province, Jan. 23, 2024.Various events are held across the country in celebration of the upcoming Chinese Lunar New Year, which falls on Feb. 10 this year. (Photo by Chen Qibao/Xinhua)
The People’s Bank of China (PBC), the country’s central bank, resumed its pledged supplementary lending (PSL) facility in December 2023 and injected 350 billion yuan ($49 billion) of liquidity into three policy banks.
This aerial photo taken on May 6, 2023 shows farmers working in terraced fields in Jiaye Village, Qiandongnan Miao and Dong Autonomous Prefecture, southwest China s Guizhou Province. Chinese farmers are busy with field works during "Lixia", the seventh solar term on the Chinese lunar calendar that marks the beginning of summer.
Bonds in China s interbank market held by overseas institutions stood at 3.28 trillion yuan ($477.72 billion) as of the end of January, accounting for 2.6 percent of the total custody of the country s interbank bond market, latest data showed.