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China Daily | Updated: 2024-07-16 00:00
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PBOC adds liquidity via reverse repos, MLF

China's central bank injected liquidity into the banking system through reverse repos and a medium-term lending facility on Monday. The People's Bank of China conducted 129 billion yuan ($18.1 billion) of seven-day reverse repos at an interest rate of 1.8 percent. A total of 100 billion yuan was also injected into the market via the MLF, which will mature in one year at an interest rate of 2.5 percent.

China's natural gas output rises in H1

China's production of natural gas has maintained steady expansion in the first half, said the National Bureau of Statistics on Monday. The country produced 123.6 billion cubic meters of natural gas in the January-June period, up 6 percent from a year earlier. China's natural gas imports also posted fast growth during the period.

Xinhua - China Daily

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