Macroeconomics

China Will Sharply Increase Funding from Treasury Bonds to Spur Growth in 2025

January 03, 2025, 11.58 AM | Source: Reuters
China Will Sharply Increase Funding from Treasury Bonds to Spur Growth in 2025

ILUSTRASI. China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives.

BOND - BEIJING. China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing ramps up fiscal stimulus to revitalise a faltering economy.

Special treasury bonds will be used to fund the new initiatives, said Yuan Da, an official of National Development and Reform Commission (NDRC) at a press conference.

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Editor: Wahyu T.Rahmawati
Latest News