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A total of CNY776.84 billion local......>

CHINA PRESS
CHINA PRESS: A total of CNY776.84 billion local government bonds were issued in
January and February, bringing to more than CNY1 trillion the total issuance in
Q1, the Securities Daily reported today. Analysts told the Daily that because
most of the funds would be used for major projects such as highways, urban rail,
water conservancy, anti-pollution and shantytown renovation, the infrastructure
investment was expected to drive an economic rebound this year.

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