At the end of 2024, a total of 10 structural monetary policy instruments were in operation, with an outstanding balance totaling RMB6.3 trillion. Among them, two new instruments were launched in Q4 2024 to support the capital market: the Securities, Funds, and Insurance Companies Swap Facility (SFISF) and the Central Bank Lending Facility for Share Buybacks and Shareholding Increases, with a quota of RMB500 billion and RMB300 billion, respectively.