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China vows to sharply increase funding from treasury bonds to bolster growth this year

  • January 3, 2025
  • -FCHFX

January 03, 2025 at 06:35AM
The NDRC mentions that “the size of ultra-long special government bond funds will be sharply increased this year to intensify and expand the implementation of two new initiatives”. That being a subsidy programme where consumers can trade in old durable goods and buy new ones at a discount, as well as a subsidy programme allowing for businesses to upgrade large-scale equipment.

This builds on the slew of remarks by Beijing from earlier in the day here.

This article was written by Justin Low at www.forexlive.com.

China vows to sharply increase funding from treasury bonds to bolster growth this year
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