Chinanews, August 4, according to the Ministry of Finance website news, as of the end of July, this year has issued a total of 378.6 billion yuan in local government bonds.
Data map: Ministry of Finance. China News Agency issued Kang Yafeng photo source: CNSPHOTO
In July, local government bonds (hereinafter referred to as local bonds) issued 272.2 billion yuan, of which 42.2 billion yuan of new bonds and 230 billion yuan of refinancing bonds.
As of the end of July, a total of 378.6 billion yuan of local government bonds had been issued this year, of which 2,829 billion yuan was newly added bonds and 929.6 billion yuan was refinanced bonds. The new bonds completed 59.8% of the annual issuance plan (4.730 billion yuan), of which 562.9 billion yuan was issued for general bonds, 57.4% of the annual plan (980 billion yuan) was completed; the special bond issuance was 2.266.1 billion yuan, and the annual plan was completed (3.750 billion yuan) of 60.4%.
In the next step, the Ministry of Finance will resolutely implement the decisions and deployments of the Party Central Committee and the State Council, accelerate the issuance and use of local government bonds, and promote the implementation of proactive fiscal policies.