The 2024 Chinese Government Work Report proposed that starting from this year, it plans to issue ultra-long-term special treasury bonds for several consecutive years. This year, 1 trillion yuan will be issued first.
Preliminary consideration will focus on supporting the construction of scientific and technological innovation, urban-rural integrated development, coordinated regional development, food and energy security, and high-quality population development. It can not only stimulate current investment and consumption, but also lay the foundation for long-term high- quality development.