MNI BRIEF: Japan's Sept Sentiment, Outlook Indexes Fall

MNI BRIEF: China Local Govs To Speed Up Fiscal Spending

MNI: PBOC Net Drains CNY886.9 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.0709 Tues; +4.18% Y/Y

CHINA PBOC CONDUCTS CNY41.7 BLN VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.0709 TUES VS 7.0074

MNI: GERMANY AUG IND PROD +2.9% M/M

MNI: SWEDEN SEP CPIF +1.15% Y/Y

MNI JAPAN AUG HOUSEHOLD SPENDING -1.9% Y/Y; JULY +0.1%

CANADA: Politics Week: Parliament Opens With Early Election Threats

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: China To Accelerate Investment - NDRC Officials

China will bring forward its 2025 budget to stimulate infrastructure spending.
Central Bank NewsPolicy NewsPBOCHomepageAPACEM Policy NewsChinaEM BriefBriefGlobalStoryRegion

MNI (BEIJING) - China will bring forward next year’s central government budget investment of CNY100 billion to accelerate infrastructure spending and continue to issue ultra long-term special treasury bonds in 2025 to support major projects, Zheng Shanjie, director of National Development and Reform Commission told reporters Tuesday.

The CNY1 trillion ultra long-term special treasuries this year have all been allocated to projects and localities, Zheng added. While Liu Sushe, deputy director at NDRC said it will urge local governments to complete the issuance of the remaining CNY290 billion of special bonds by end of October.

Keep reading...Show less
147 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

MNI (BEIJING) - China will bring forward next year’s central government budget investment of CNY100 billion to accelerate infrastructure spending and continue to issue ultra long-term special treasury bonds in 2025 to support major projects, Zheng Shanjie, director of National Development and Reform Commission told reporters Tuesday.

The CNY1 trillion ultra long-term special treasuries this year have all been allocated to projects and localities, Zheng added. While Liu Sushe, deputy director at NDRC said it will urge local governments to complete the issuance of the remaining CNY290 billion of special bonds by end of October.

Keep reading...Show less