China allocates 1 trillion yuan for national strategies, security, and infrastructure upgrades.

China has allocated 1 trillion yuan (about 139 billion USD) from special treasury bonds, with 700 billion yuan aimed at national strategies and security, and 300 billion yuan for equipment upgrades and consumer goods. Projects include infrastructure along the Yangtze River, farmland development in northeast China, and a shelterbelt program in the northeast, north, and northwest. The NDRC plans to enhance monitoring to ensure timely project launches, with annual bond issuance set to continue.

December 07, 2024
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