Zou Lan, press spokesman and deputy governor of the People's Bank of China, said at the press conference of the State Information Office on the 15th that in the next step, the People's Bank of China will continue to smoothly and orderly promote the reform and improvement of the monetary policy operating framework to better guide the market overnight interest rate to operate smoothly near policy interest rates; in line with the needs of Tier 1 traders, study and gradually increase the frequency of overnight reverse repurchases and communicate well with the market.

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