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China will speed up issuance of local government special-purpose bonds to help boost effective investment, Chinese Premier Li Keqiang said at a State Council meeting on Monday, according to state broadcaster CCTV.
The country will accelerate issuance of local special-purpose bonds under the 2022 quota and will invest proceeds of the 1.2 trillion yuan ($188.34 billion) in local bonds issued in the fourth quarter of 2021 into projects as soon as . . .
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