News list for " strictly prohibited for"
1. Six departments including the Ministry of Finance: It is strictly forbidden to borrow illegally and illegally for municipal infrastructure assets with no or insufficient income, and hidden debts shall not be increased. 2. Central Bank: In July 2024, the bond market issued a total of 6.63839 trillion yuan of various bonds. 3. Central Bank: As of the end of July 2024, the custody balance of foreign institutions in the Chinese bond market was 4.50 trillion yuan. 4. MLF shrinkage and parity renew...
On August 26th, the Ministry of Finance and other six departments formulated and issued the "Measures for the Administration of Municipal Infrastructure Assets (for Trial Implementation) ". The measures emphasize that municipal infrastructure assets invested and constructed by the government shall strictly perform the capital construction approval procedures in accordance with the law, implement the sources of funds, strengthen budget constraints, and prevent government debt risks. It is strictl...
