China to speed up local government bond issuance to boost investment, several regions to start issuance in January
China to speed up local government bond issuance to boost investment, several regions to start issuance in January

China to speed up local government bond issuance to boost investment, several regions to start issuance in January

 

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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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