China issues $13.4 billion of treasury bonds to support equipment upgrades
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China has issued 93.6 billion yuan ($13.44 billion) in ultra-long-term special treasury bonds to support equipment upgrades across various sectors, including industry, energy, education, and healthcare. This initiative aims to boost the economy and drive total investment to over 460 billion yuan. Additionally, the National Development and Reform Commission plans to introduce new policies from 2026 to 2030 to enhance domestic consumption and address supply-demand imbalances.
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