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China's new special bonds issued by local governments total RMB 3.3822 trillion year t-緊固件展-彈簧展-線材展-2026第二十六屆廣州國際緊固件彈簧及線材展覽會-巨浪展覽-The 26th China(Guangzhou)International Fastener,Spring&Wire Exhibition
9/15/2025 緊固件展-彈簧展-線材展-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.
緊固件展-彈簧展-線材展-2026第二十六屆廣州國際緊固件彈簧及線材展覽會-巨浪展覽-The 26th China(Guangzhou)International Fastener,Spring&Wire Exhibition
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