All liquidity is managed centrally. The Bank has been able to generate sufficient liquidity for operational and financing needs through its own operations, and access to domestic and international capital markets as needed. However, should additional liquidity needs arise that the Bank is unable to fulfill through these channels, the PBOC is authorized and obligated to provide short-term loans to the Bank.

The composition of the Bank's medium and long-term assets and liabilities over the past five years reflect a consistent application of the Bank's asset liability management strategy.

The Bank's investment portfolio consists primarily of high-grade corporate bonds of domestic and foreign financial institutions, which can be easily converted to cash and cash equivalents to address daily operational liquidity and short-term financing needs.