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China to issue more local government special-purpose bonds in 2025
Updated: March 5, 2025 10:00 Xinhua

BEIJING, March 5 -- China plans to issue 4.4 trillion yuan (about 613.67 billion U.S. dollars) of local government special-purpose bonds in 2025, an increase of 500 billion yuan over last year, according to a government work report submitted Wednesday to the national legislature for deliberation.

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