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Local Governments Preparing Projects For Special Treasury Bonds

CHINA PRESS
MNI (Singapore)

Local governments are planning to reserve ultra-long-term special treasury bond projects, mainly in the areas of food, energy and industrial chain security, urbanisation, and rural revitalisation, 21st Century Business Herald reported citing anonymous sources. In October last year, China issued an additional CNY1 trillion of China Government Bonds which were managed as special treasury bonds.

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