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China's new special bonds issued by local governments total RMB 3.3822 trillion year t-紧固件展-弹簧展-线材展-2026第二十六届广州国际紧固件弹簧及线材展览会-巨浪展览-The 26th China(Guangzhou)International Fastener,Spring&Wire Exhibition 9/15/2025 紧固件展-弹簧展-线材展-fastener expo-wire expo-spring expo |
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China''s new special bonds issued by local governments this year amounted to RMB 3.3822 trilion ($0.48trilion) as of September 8, accounting for 76.9 percent of the overall target of RMB 4.4 trilion for the whole year,as reported by local financial media.
In the corresponding period last year, China''s new special bonds issued by local governments had amounted toRMB 2.5714 trillion.
In addition to the accelerating pace of issuance, many regions are exploring channeling the new special bondsinto government investment funds.
The special bonds are encouraged for the support of forward-looking and strategically emerging industries, butonly for infrastructure development, while they cannot be used in general competitive sectors.
紧固件展-弹簧展-线材展-2026第二十六届广州国际紧固件弹簧及线材展览会-巨浪展览-The 26th China(Guangzhou)International Fastener,Spring&Wire Exhibition
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