Ministry of Finance Reports 16% Annual Increase in Special Bond Issuance for Project Capital in First Half of Year, Totaling 191.7 Billion Yuan
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Author:小编   

At a press conference on July 25, Li Dawei, a first-level inspector of the Budget Department at the Ministry of Finance, disclosed that since the State Council General Office issued the "Opinions on Optimizing and Improving the Management Mechanism of Local Government Special Bonds," the investment focus of special bonds has shifted from a positive list management approach to a negative list management approach. This transition has broadened the investment scope from 17 industries to 22. In the first six months of this year, special bonds issued by various regions as project capital amounted to 191.7 billion yuan, marking a 16% increase from the previous year.