On December 12th, according to CCTV news broadcast, from December 11th to 12th, the Central Economic Work Conference was held in Beijing. The meeting said in the deployment of next year's fiscal policy, to implement a more active fiscal policy, increase the fiscal deficit rate, increase the issuance of ultra-long-term special government bonds, increase the issuance and use of local government special project bonds, optimize the structure of fiscal expenditure, and firmly grasp the bottom line of...
December 12th news, Beijing in the China Bond Information Network disclosed documents show that it intends to issue 4.70 billion yuan of refinancing special project bonds to replace the stock of hidden debt, of which 3-year, 7-year, 10-year refinancing special project bonds were issued 800 million yuan, 2.725 billion yuan, 1.175 billion yuan. It is worth mentioning that since November 12th, all regions of the country have disclosed that they plan to issue or have issued refinancing special proje...
Ziyan Food issued a clarification announcement. In response to the relevant public opinion of its products, the company has organized a special project working group to conduct a comprehensive verification. After review and investigation, the factory inspection report of the corresponding batch of products released in the video is qualified. The company has entrusted a number of authoritative third-party testing agencies to conduct microbial testing on the products, and the relevant test results...
On November 18th, the reporter learned from the Ministry of Finance on November 18th that in accordance with the decision-making and deployment of the Party Central Committee, combined with the economic situation and the needs of macro-control, the State Council determines and issues in advance the specific amount of the new local government debt limit for the next year in the fourth quarter of each year. At present, the Ministry of Finance is formulating a work plan to issue in advance to bette...
1. This year, the new special project bonds were basically issued, and a total of 2 trillion yuan of special project bond funds could be arranged for use in various places during the year. 2. High-interest city investment bonds returned, with a coupon rate of 6.7%. 910 billion city investment bonds are about to mature during the year. 3. This year, rural commercial banks issued two permanent bonds over 47 billion, and some small banks' financing costs exceeded those of enterprises. 4. ROI rose s...
On October 25th, the Ministry of Finance answered reporters' questions on the fiscal revenue and expenditure of the first three quarters. As of October 20th, a total of 3.63 trillion yuan of special project bonds were issued in various places, accounting for 93% of the annual quota, and more than 30,000 supported projects. According to statistics, the amount to be issued plus the unused funds that have been issued, a total of 2 trillion special project bond funds can be arranged for use in vario...
On October 12, Vice Minister of Finance Liao Min said at a press conference of the State Information Office that the Ministry of Finance and relevant departments are working together to promote the balance of supply and demand in the real estate market. In the next step, the Ministry of Finance will actively study and introduce incremental measures conducive to the stable development of real estate, allowing special project bonds to be used for land reserves, mainly considering that there is cur...
On October 12, Vice Minister of Finance Liao Min said at the press conference of the State Information Office that in the next step, the Ministry of Finance will actively study and introduce incremental measures that are conducive to the stable development of real estate and support the acquisition of stock housing. Increase the supply of affordable housing. Considering that there are relatively many houses that have been built for sale. Two main support measures are taken: one is to use special...
On October 12, Vice Minister of Finance Wang Dongwei said at the press conference of the State Council Information Office that since 2020, our country has arranged a total of 18.70 trillion yuan of new special project bonds. The new special project debt limit will be 3.90 trillion in 2024, which is the largest ever. As of the end of September, new special project bonds will be issued in various places for 3.60 trillion yuan, accounting for 92.5% of the annual quota. The next step will be to stud...
On October 12, Vice Minister of Finance Liao Min said that in the next step, the Ministry of Finance will actively study and introduce incremental measures that are conducive to the stable development of real estate, support the acquisition of stock housing, and increase the supply of affordable housing. Considering the relatively large number of houses currently built for sale, two main support measures are taken: one is to use special project bonds to acquire stock commercial housing and use i...