(Yicai Global) Jan. 17 -- The People's Bank of China net injected a total of CNY900 billion (USD131 billion) into the country's financial system over a week, which is a record high, to maintain sufficient liquidity before the upcoming Chinese New Year.

The central bank conducted CNY200 billion worth of 14-day reverse repos with an interest rate of 2.65 percent. No previous open market operations mature today.

The PBOC added CNY300 billion into the banking system yesterday. On Jan. 15, it put in CNY400 billion, breaking a 15-trading day hiatus. 

Editor: Emmi Laine