The Sixth Session of the Standing Committee of the 14th National People's Congress will be held in Beijing from October 20th to 24th, to consider the proposal to authorize the advance issuance of some new local government debt limits. Experts believe that this means that the authorization for the advance issuance of some new local government debt limits is expected to continue, and the policy of steady growth will continue to take effect from the end of this year to the beginning of next year; the issuance of new debt "advance batch" quota will help to stimulate infrastructure investment and create favorable conditions for the continuous improvement of economic operation.
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