CBN丨Government bonds to add effective investment

China will make the most of government bonds to expand effective investment, enhance development momentum and promote steady economic growth. Under the principle of keeping the macro leverage ratio generally stable, 3.65 trillion yuan of special-purpose bonds for local governments will be newly allocated for this year. In a bid to strengthen cross-cyclical adjustment, an advance quota worth 1.46 trillion yuan had been disbursed at the end of last year.

 

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