China completes selection of about 38,000 local gov't special bond projects
Release time:2024-05-21 07:19:18
BEIJING, April 23 (Xinhua) -- China's National Development and Reform Commission and the Ministry of 。
BEIJING, April 23 (Xinhua) -- China's National Development and Reform Commission and the Ministry of Finance have jointly completed the selection of around 38,000 projects to be supported by local government special bonds this year, the country's top economic planner said on Tuesday. The demand for special bonds in 2024 is around 5.9 trillion yuan, the commission said. China plans to issue 3.9 trillion yuan (about 548.84 billion U.S. dollars) in the form of special-purpose bonds for local governments in 2024, an increase of 100 billion yuan compared to last year, according to the 2024 government work report. In the next stage, the commission will guide local governments to ensure project quality and expedite project construction, as well as the use of funds in a manner that will actively expand effective investment.
(Editor:Liao Yifan)
Related articles
Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
NEW YORK (AP) — Saudi Arabia’s move into tennis will now include a multiyear deal to sponsor the WTA2024-05-21New Yorkers wrap up Lunar New Year celebrations with big parades
By Liu Yanan, Yang Shilong (Xinhua) 08:52, February 29, 2024NEW YORK, Feb. 28 (Xinhua) -- New Yorker2024-05-21Construction worker turned piano sensation meets his idol
By Zhao Ruinan (Chinadaily.com.cn) 08:59, February 02, 2024World-renowned pianist Lang Lang shakes h2024-05-21I am a neurologist but was still diagnosed with Parkinson's disease in my 40s
A top neurologist who was living a healthy and active life received a shock Parkinson's disease diag2024-05-21Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
CAIRO (AP) — Human rights experts working for the United Nations on Monday urged Yemen’s Houthi rebe2024-05-21Joel Embiid sits out as 76ers zip past Nets 107
PHILADELPHIA (AP) — After eight straight wins to end the regular season, the 76ers are set for their2024-05-21
atest comment