China’s central bank strengthened its commitment to supportive monetary policy and pledged to use multiple tools to ensure ample liquidity in the market, following a major fiscal package designed to reduce local debt risks.

The People’s Bank of China will “resolutely insist on an accommodative monetary policy stance,” according to its quarterly monetary policy report published Friday. It will use programs including the newly established “outright reverse repurchase agreements” and government bond trading to keep liquidity reasonably sufficient, according to the report.