Li Yunze, the head of the National Financial Regulatory Administration (NFRA), announced that China will increase the core tier-one capital for the country's six large commercial banks. Additionally, China will broaden the amount and proportion of equity investment restrictions. The China Securities Regulatory Commission (CSRC) will issue guidance for medium and long-term funds to enter the A-share market and support mergers and acquisitions. Furthermore, China will allow securities firms, funds, and insurers to tap People's Bank of China (PBOC) funds to buy stocks.