Liquidity risk managementThe objective of liquidity risk management is to ensure that The Company always has sufficient cash to repay its maturing debt, perform other payment obligations and meet other funding requirements for normal business development.The Company’s liquidity management involves the regular cash flow forecast for the next three years and the consideration of its liquid assets level and new financings necessary to meet future cash flow requirements.The Company centrally manages its own liquidity and that of its major non-financial subsidiaries and improves capital efficiency. With flexible access to domestic and overseas markets, The Company seeks to diversify sources of funding through different financing instruments, in order to raise low-cost funding of medium and long terms, maintain a mix of staggered maturities and minimise refinancing risk.