250 billion yuan to support the replacement of old consumer goods with new ones, the Ministry of Finance will strengthen inclusive policies directly reaching consumers
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At the China Development Forum, Minister of Finance Lan Fo'an announced that policies such as deficits, special bonds, and loan interest subsidies will be used to support the replacement of old consumer goods with new ones, with an arrangement of 250 billion yuan in special government bonds and 100 billion yuan in special funds to promote domestic demand. At the same time, he emphasized enhancing long-term consumption capacity and supporting employment, optimizing investment structure, and focusing on new urbanization and strategic projects
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