China's central bank, the People's Bank of China (PBoC), along with the China Securities Regulatory Commission (CSRC), has announced plans to enhance supportive policies aimed at bolstering the country's capital markets. These remarks were made during a seminar focused on stock buybacks and repurchase loan programs. In recent actions, the PBoC conducted a 123 billion yuan reverse repo on January 20, injecting 98.2 billion yuan into the open market. This was followed by a 256 billion yuan reverse repo on January 21, with 201 billion yuan injected into the market. The central bank also reported a USDCNY reference rate of 7.1886 on January 20, and 7.1703 on January 21. Additionally, 307 A-share companies have utilized a specialized re-lending facility to access 57.4 billion yuan for share buybacks since the program's introduction three months ago, according to data from Wind. Experts suggest that these measures will help stabilize the stock market and support the high-quality development of companies.