China to issue more local gov't special-purpose bonds in 2024

Xinhua | Updated: 2024-03-05 09:37

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The 14th National People's Congress, China's national legislature, opens its second session at the Great Hall of the People in Beijing, March 5, 2024. [Photo/Xinhua]

BEIJING -- China will see 3.9 trillion yuan of special-purpose bonds for local governments to be issued in 2024, 100 billion yuan more than last year, according to a government work report submitted Tuesday to the national legislature for deliberation.

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