BEIJING, April 14 (Xinhua) -- China has recently rolled out a slew of measures at both central and local levels to increase and expedite issuance of local government special bonds to further expand investment and boost economic growth, reported Economic Information Daily Tuesday.
East China's Fujian Province recently proposed to strengthen policy support on utilization of government special bonds to speed up construction of new infrastructure involving 5G network, data center, artificial intelligence (AI), industrial Internet and other fields.
Meanwhile, Shanghai Municipality, Shandong Province, Zhejiang Province and Jiangxi Province also introduced measures to promote efficient use of government special bonds in expanding investment.
Analysts believe that special bonds plays a powerful role in stabilizing investment as they can drive and spur social investment, and the ahead-of-schedule issuance of such bonds this year due to the COVID-19 outbreak is conducive to strengthening macro-policy adjustment. (Edited by Gu Shanshan with Xinhua Silk Road, gushanshan.1987@163.com)
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