Local govts speed up issuing special bonds

By Global Times

Oct 25, 2023 12:13 am

LOCAL Chinese governments are accelerating the issuance of special-purpose bonds, as South China's Guangxi Zhuang Autonomous Region made the latest move to issue a total of 12.5-billion-yuan ($1.71 billion) worth of bonds on October 30.

A total of 22 Chinese provinces, autonomous regions and municipalities have recently unveiled plans to issue bonds worth of 956.28 billion yuan.

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