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Government Investment To Consolidate 2024 Recovery - NDRC

CHINA PRESS
MNI (BEIJING)

The National Development and Reform Commission plans to use government investment to consolidate and enhance the positive trend of economic recovery next year. Leaders at The National Conference on Development and Reform said government investment will be used to consolidate and enhance the positive trend of economic recovery next year. Leaders will utilise local government special bonds plus the additional CNY1 trillion of treasury bonds to boost sectors such as transport infrastructure, energy, agriculture, forestry and water conservancy, an NDRC statement noted. Policymakers will accelerate the transformation of old and new driving forces and promote the development of the private economy and ensure equal treatment of SOE and POE firms. (Source: Securities Daily)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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