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E China's Jiangxi issues RMB209.34 bln of government bonds in 2020

August 10, 2020


Abstract : East China's Jiangxi province has issued a total of 209.34 billion yuan of government bonds so far this year to sustain stable economic development, according to the financial department of the province.

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BEIJING, Aug. 10 (Xinhua) -- East China's Jiangxi province has issued a total of 209.34 billion yuan of government bonds so far this year to sustain stable economic development, according to the financial department of the province.

The result came as Jiangxi recently issued the fifth batch of government bonds that totaled 65.203 billion yuan in the Shanghai Stock Exchange.

The funds raised from the new bonds will be used to promote 869 projects in Jiangxi concerning such fields as transportation, agriculture, forestry, water conservancy, ecological and environmental protection, social undertakings, and transformation of urban communities. 

Jiangxi's financial department said it would speed up the allocation and use of the funds raised from the bonds and regularly report the progress of fund use in a bid to boost the rapid high-quality development of Jiangxi's economy. (Edited by Su Dan with Xinhua Silk Road, silviasu07@163.com)

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Keyword: Jiangxi government bonds

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