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China to Significantly Boost Treasury Bond Funding to Stimulate Growth in 2025

share-iconFriday, January 03 comment-icon2 weeks ago 9 views
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reutersREUTERS
China to Significantly Boost Treasury Bond Funding to Stimulate Growth in 2025

Credited from: REUTERS

  • China will significantly increase funding from ultra-long treasury bonds in 2025 to encourage business investments and consumer initiatives.
  • The National Development and Reform Commission (NDRC) announced plans to fund "two new" initiatives via special treasury bonds, aiming to revitalize the economy.
  • Key initiatives include subsidies for demand boosting on durable goods and large-scale equipment upgrades for businesses.
  • The NDRC reported that 3 trillion yuan worth of special treasury bonds will be issued in 2025, marking a record level.
  • In addition, the government is poised to raise the budget deficit to 4% of GDP and target an economic growth rate of approximately 5% in 2025.

Read more at Reuters.


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