National Development and Reform Commission: The scale of new policy financial instruments is 500 billion yuan

Li Chao, deputy director and spokesperson of the Policy Research Office of the National Development and Reform Commission, said at a press conference that in order to implement the decisions and arrangements of the Party Central Committee and the State Council, promote better financial services to the real economy, and promote the expansion of effective investment, the National Development and Reform Commission, together with relevant parties, actively promotes the work of new policy-based financial instruments. The scale of the new policy-based financial instruments is 500 billion yuan, all of which are used to supplement the project capital base. We are working with relevant parties to put the funds of the new policy-based financial instruments into specific projects. In the future, we will urge all localities to speed up the construction of projects, form more physical workloads as soon as possible, promote the expansion of effective investment, and promote the stable and healthy development of the economy. (China