China will start to issue the first batch of one trillion yuan (about 140 billion U.S. dollars) worth of ultra-long special treasury bonds from Friday to implement major national strategies and build up security capacity in key areas.

The central debt sales will run from May through November. The bonds will include 20-year, 30-year and 50-year securities, according to a statement released by the Ministry of Finance on Monday.

In this year's Government Work Report given in March, policymakers said that China plans to issue ultra-long special treasury bonds in 2024 and in each of the next several years. One trillion yuan of such bonds will be issued this year.

The funds will be used to support scientific and technological innovation, integrated urban-rural development, coordinated regional development, food and energy security, and high-quality development of the population, according to the National Development and Reform Commission.