China issued 1.46 trillion yuan advance quota for new special-purpose bonds in 2022 to boost investment
China issued 1.46 trillion yuan advance quota for new special-purpose bonds in 2022 to boost investment

China issued 1.46 trillion yuan advance quota for new special-purpose bonds in 2022 to boost investment

 

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China has issued 1.46 trillion yuan in the 2022 advance quota for local government special-purpose bonds to help boost investment and support the economy, Vice Finance Minister Xu Hongcai said on Thursday.

China aims to issue the special-purpose bonds in the first quarter of 2022, prioritising investment projects and regions with lower debt burdens, Xu said.

Authorities will "reasonably . . .

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