Over One Trillion Yuan of New Special Bonds Promotes A Steady Recovery In Infrastructure Investment

This year, the scale of new local special bond issuance has exceeded one trillion yuan, accounting for about 30% of the annual limit. Experts said that the release of special bonds this year will focus on early issuance, easy access, and increased efficiency. It is expected that the issuance progress in the second quarter will be further accelerated. With the development of special bonds, infrastructure investment is expected to recover steadily, which will support the improvement of economy. According to public data, as of March 29, the scale of local bond issuance this year reached 1.91 trillion yuan.