- Analytics
- News and Tools
- Market News
- China’s Finance Ministry: Will accelerate the issuance and use of government bonds
China’s Finance Ministry: Will accelerate the issuance and use of government bonds
China’s newly appointed Finance Minister Lan Foan said over the weekend that the government “will accelerate the issuance and use of government bonds.”
Additional quotes
Will steadily promote the resolution of local government debt risk and increase efforts to better leverage the role of special bonds to boost the economy.
Will continue to implement a proactive fiscal policy.
Focus on improving efficiency.
Better play the effectiveness of fiscal policy.
Some new local government debt quotas for 2024 have been issued in advance to reasonably ensure local financing needs.
Market reaction
At the time of writing, AUD/USD is holding steady near three-month highs of 0.6520, awaiting the Reserve Bank of Australia (RBA) interest rate decision for a fresh leg higher.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
