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N. China's Hebei issues bonds for supporting Xiongan New Area construction

May 28, 2020


Abstract : North China's Hebei Province Monday issued the fifth batch of government bonds for 2020 at the Shanghai Stock Exchange, with a total value of 46.8 billion yuan, to support projects of economic development and people's welfare improvement.

BEIJING, May 28 (Xinhua) -- North China's Hebei Province Monday issued the fifth batch of government bonds for 2020 at the Shanghai Stock Exchange, with a total value of 46.8 billion yuan, to support projects of economic development and people's welfare improvement.

Among the bonds issued, 15 billion yuan will be dedicated to the construction of Xiongan New Area, to support construction of the facilities in the new area and its surrounding areas.

Meanwhile, there are also special bonds worth 15 billion yuan issued for the coordinated development of the Beijing-Tianjin-Hebei region, especially for the construction of the airport economic zone of Beijing Daxing International Airport.

The rest of the funds were raised for 29 projects in epidemic control, public healthcare capacity improvement, supporting the building of the Zhengding area of the China (Hebei) Pilot Free Trade Zone, Cangzhou Bohai New Area and other economic development zones, and 143 projects in people's welfare sector.

(Edited by Yang Qi with Xinhua Silk Road, kateqiyang@xinhua.org)

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Keyword: Xiongan New Area

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