China’s special bonds reach RMB 3.97 trillion in January-October

Wednesday, 02 November 2022 11:42:24 (GMT+3)   |   Shanghai
       

China’s Ministry of Finance (MOF) has announced that in the current year up to October 31 China issued RMB 3.97 trillion ($0.55 trillion) of new special bonds.

In particular, in the month of October the new special bonds issued amounted to RMB 427.91 billion ($59.4 billion).

At the same time, China’s National Development and Reform Commission (NDRC) has required local governments to hurry up to apply for special bonds projects in 2023, which will help further stabilize the momentum of China’s economic recovery.


Tags: China Far East 

Similar articles

Iron ore prices drop by over $9//mt week on week, mood remains bad

28 Mar | Scrap & Raw Materials

Local Chinese steel pipe prices mostly decline

28 Mar | Tube and Pipe

Local Chinese stainless steel prices mostly decrease

28 Mar | Flats and Slab

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

CPCA: China’s passenger vehicle retail sales up 11% in March 1-24

28 Mar | Steel News

MOC: Average steel prices in China down slightly during Mar 18-24

28 Mar | Steel News

Ex-China CRC offer prices fail to recover amid futures price drop

27 Mar | Flats and Slab

Daily iron ore prices CFR China - March 27, 2024

27 Mar | Scrap & Raw Materials

Average local Chinese scrap prices rise amid tight supply after previous decreases

27 Mar | Scrap & Raw Materials