Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

China expedites issuance of govt special bonds to fund infrastructure projects

Xinhua | Updated: 2020-04-03 17:32
Share
Share - WeChat
Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. [Photo/Agencies]

BEIJING - China will increase the scale of local government special bonds as part of the more proactive fiscal policies to offset the economic impact of the novel coronavirus disease (COVID-19) outbreak, the Ministry of Finance (MOF) said Friday.

Efforts will be made to expedite the issuance and utilization of local government special bonds, Vice Finance Minister Xu Hongcai told a press conference, stressing that priority should be given to regions with major projects and low risks.

As of Tuesday, the value of local government special bonds issued this year totaled 1.08 trillion yuan ($151.9 billion), surging 63 percent year-on-year.

The MOF has previously allocated 1.29 trillion yuan worth of new local government special bond quotas ahead of schedule this year to shore up the virus-hit economy and a State Council executive meeting on Tuesday decided to further increase the issuance to support effective investment.

The special bond sales will be used to fund projects such as transportation facilities, water conservancy works and industrial parks, said Xu.

The country will also tailor investment to firm up public health services, vocational education, municipal utilities, and the renovation of old urban residential areas, he said.

Xu attached importance to "new infrastructure," including 5G network, data center, artificial intelligence and industrial internet.

Local governments are also encouraged to attract the participation of more social capital, he added.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲AV永久无码精品漫画| 国产youjizz| 一个人免费视频观看在线www | 97色伦在线观看| 手机在线看片你懂得| 亚洲va无码va在线va天堂| 狠狠色狠狠色综合日日不卡| 国产亚洲精品第一综合 | 免费高清在线影片一区| 高high肉文| 国产精品熟女一区二区| xvideos亚洲永久网址| 无翼乌全彩绅士知可子无遮挡| 亚洲中文字幕久久精品无码2021 | 中日韩精品视频在线观看| 麻豆天美精东果冻星空| 在线观看亚洲网站| 中文字幕julia中文字幕| 曰韩无码二三区中文字幕| 亚洲欧美清纯校园另类| 精品久久久久久国产潘金莲| 国产美女在线播放| 久久成人免费播放网站| 欧美激情xxxx性bbbb| 免费观看一级毛片| 色猫咪av在线网址| 国产极品大学生酒店| 91久久精品一区二区| 好妈妈5高清中字在线观看| 久久久久AV综合网成人| 片成年免费观看网站黄| 国产成人综合亚洲一区| 97久久超碰国产精品2021| 日本天堂视频在线观看| 亚洲人成电影青青在线播放| 玖玖资源站无码专区| 四虎永久免费影院在线| 韩国午夜理论在线观看| 国产私拍福利精品视频| 91免费国产在线观看| 大学寝室沈樵无删减|