National Development and Reform Commission: An additional 200 billion yuan special bond quota specifically for supporting investment and construction in some provinces.

According to the Securities Times APP, on October 31, the National Development and Reform Commission held a press conference for October. Li Chao, deputy director of the Policy Research Office of the National Development and Reform Commission, mentioned that the commission is accelerating the implementation of policies to expand effective investment. Recently, 500 billion yuan has been allocated in the debt balance limit of local governments to supplement the comprehensive financial resources of local governments and expand effective investment. Among them, an additional 200 billion yuan in special bond quotas has been added, specifically for supporting investment and construction in some provinces. We will urge and guide relevant provinces to make good use of the new quotas, accelerate the issuance and usage of special bonds, start construction of projects as soon as possible, and quickly generate tangible work results.