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China is requiring local governments....>

CHINA PRESS
CHINA PRESS: China is requiring local governments to use CNY700 billion of the
CNY1 trillion in special Treasury bonds to fund infrastructure projects, while
using the balance of CNY300 billion for spending to counter the epidemic, the
China Business News reported. Citing an unnamed source, the report said the
requirements also stipulate that the return rate of investment for projects
should be no lower than 60%, and should cover the construction of public health
facilities, epidemic prevention systems, food and energy security, as well as
emergency material supplies. Projects receiving funding should be able to use up
the funds before the end of the year, the source added. 

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