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China Securities Finance Corp., the government agency mandated to buy stocks to stem a market rout, is seeking access to an additional 2 trillion yuan ($322 billion), said people with knowledge of the matter, according to Bloomberg.com.

The extra funding would add to the 3 trillion yuan already made available by the government, according to the people, who asked not to be identified because the target hasn’t been made public. The 5 trillion yuan total may change depending on market conditions, they said.

China is stepping up efforts to support the stock market after the benchmark Shanghai Composite Index’s 29 percent plunge from the June peak erased $3.4 trillion in market value. The CSF has been buying stocks with money borrowed from the central bank and state-owned commercial lenders.

The agency is seeking to borrow money for three to 12 months and at rates of up to 4.4 percent, according to other people with knowledge of the lending plans.

The CSF’s general office didn’t immediately reply to a fax seeking comment.