China’s Local Governments Issue RMB 489 Billion in Special Bonds in August

1 octobre, 2025 par
Administrator


Local governments in China issued RMB 489 billion ($68.9 billion) in new special bonds in August 2025, according to the Ministry of Finance. This represents a 20.7 percent decrease from July, when RMB 617 billion was issued.

Between January and August 2025, issuance reached a total of RMB 3.27 trillion ($0.46 trillion).

The proceeds are primarily being used to finance major infrastructure and development projects, including urban renewal, emerging industries, water conservancy, transportation, and energy projects.

VietnamSteel by Hoa Sen Group

dans News
Partager ce poste
Nos blogs
Archiver