Reported 12 months ago
Amid successive economic stabilization policies in China, including stimulating the housing market, special bonds have emerged as a crucial tool in fiscal policy. Experts anticipate an acceleration in the issuance of special bonds in the third quarter of this year, with a peak expected from July to September. Data from the Chinese Ministry of Finance shows a total of 1.94 trillion yuan in special bond issuances from January to May, with a notable increase in May alone. Various regions, like Jiangxi, Liaoning, and Guangdong, have revealed plans to issue special bonds in the third quarter, emphasizing support for infrastructure, public services, green technology, and industrial upgrades. The steady flow of funds towards these areas is likely to continue amid the push for economic development.
Source: YAHOO