China Steps Up Special Bonds Issue To Promote Virtuous Circle Of Economy And Finance

Since the beginning of this year, more than 1.5 trillion yuan of new special bonds have been issued, which has played an important role in driving the expansion of effective investment and maintaining the stable operation of the economy.

At the same time, in order to alleviate the pressure on small and medium-sized banks to replenish capital, recently, many places have announced the progress of the implementation of special bonds to support the development of small and medium-sized banks.

Experts believe that special bonds can reasonably support small and medium-sized banks to replenish capital, which is conducive to the steady development of small and medium-sized banks, and also helps to improve their ability to serve the real economy.