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The proceeds from Special China.........>

CHINA PRESS
CHINA PRESS: The proceeds from Special China Government Bonds and increased
fiscal deficits should be allocated to county-level administrations as soon as
possible through a new fiscal transfer system to support small-and-medium
enterprises and people's living expenses, according to a statement from the
State Council's executive meeting. The meeting, chaired by Premier Li Keqiang on
Wednesday, determined that the funds, totalling CNY2 trillion, would also be
used to finance public spending on the construction of public health facilities
and other pandemic-control activities. 

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