---
title: "This year's CNY 188 billion ultra-long-term special government bonds to support equipment renewal investment subsidy funds have been fully allocated"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252818284.md"
description: "Since 2025, the National Development and Reform Commission has implemented the \"Two New\" policy, optimized the support scope for equipment updates, and improved project application review standards. Recently, the investment subsidy fund of 188 billion yuan for ultra-long-term special government bonds to support equipment updates has been allocated, supporting 8,400 projects and driving total investment exceeding 1 trillion yuan. The National Development and Reform Commission will continue to strengthen project construction, ensure effective use of funds, and promote policy effectiveness"
datetime: "2025-08-13T08:57:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252818284.md)
  - [en](https://longbridge.com/en/news/252818284.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252818284.md)
generator: "portal-rs"
---

# This year's CNY 188 billion ultra-long-term special government bonds to support equipment renewal investment subsidy funds have been fully allocated

Since 2025, the National Development and Reform Commission has earnestly implemented the decisions and deployments of the Party Central Committee and the State Council regarding the implementation of the "Two New" policies. In conjunction with relevant departments and local governments, it has optimized the scope of support for equipment updates, improved project application review standards, strictly ensured project selection, and promoted equipment updates in key areas. Recently, the investment subsidy fund of 188 billion yuan from the 2025 ultra-long-term special government bonds to support equipment updates has been fully allocated, supporting approximately 8,400 projects in fields such as industry, energy-using equipment, energy and electricity, transportation, logistics, environmental infrastructure, education, cultural tourism, healthcare, old residential elevators, electronic information, facility agriculture, grain and oil processing, safety production, and recycling. This has driven total investment exceeding 1 trillion yuan. In the next step, the National Development and Reform Commission will continue to strengthen overall coordination in accordance with the decisions and deployments of the Party Central Committee and the State Council, solidly advance project construction, promote the formation of more physical workload as soon as possible, strictly manage project and fund closure, and ensure that central funds are effectively utilized to better leverage the effectiveness of the "Two New" policies

### Related Stocks

- [600894.CN](https://longbridge.com/en/quote/600894.CN.md)

## Related News & Research

- [Trump reputation with ranchers has 'taken a hit': Cattlemen's Association chief](https://longbridge.com/en/news/297070428.md)
- [China Yangtze Power: Record-high revenue and profit, strong hydropower output, and robust cash flow in H1 2026](https://longbridge.com/en/news/297433292.md)
- [Wintime Energy Group: Revenue and profit fell on higher costs, but cash flow and coal mine expansion support future growth](https://longbridge.com/en/news/297318953.md)
- [China Three Gorges Renewables: H1 2026 profit dropped 68% on lower wind/solar output and prices, but cash flow rose](https://longbridge.com/en/news/297160200.md)
- [Topsoe wins Uniper contract for Sweden e-methanol project FEED work](https://longbridge.com/en/news/297483209.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**