China to Issue One Trillion Yuan in Government Bonds...
China News
October 25, 2023
This decision was approved by the sixth session of the 14th National People's Congress Standing Committee, allowing the State Council to issue these bonds and adjust the central budget plan for 2023. The funds are earmarked for various critical areas, such as rebuilding disaster-affected regions, enhancing flood control projects, improving emergency disaster response capabilities, and addressing urban drainage and waterlogging prevention and control.