In the first half of the year, the issuance of new special bonds amounted to 2.07 trillion yuan, with a progress rate of approximately 47%.
Zhao Zeyong, Deputy Director of the Debt Management Department of the Ministry of Finance, introduced during a press conference on the 22nd that a total of 2.07 trillion yuan of special bonds were issued in the first half of this year, with issuance progress reaching about 47%. The bonds were mainly used for municipal and industrial park infrastructure, transportation infrastructure, urban renewal, and social services, effectively ensuring funding for major projects in key areas. Over 170 billion yuan of the bonds were used as project capital, better leveraging the role of government investment as a catalyst for development.
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