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National Development and Reform Commission: Simultaneous Review and Screening of Second Batch of Equipment Upgrade Funds Underway
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Author：小编
Li Chao, Deputy Director of the Policy Research Office at the National Development and Reform Commission (NDRC), has announced that this year's ultra-long-term special treasury bond funds will provide 200 billion yuan in support for equipment upgrades. Approximately 173 billion yuan from the first batch of funds has already been allocated to roughly 7,500 projects across 16 sectors, adhering to the principle of "local review and national approval." Concurrently, the NDRC is now engaged in the review and screening process for the second batch of funds.
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