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China boosts investment in key national projects with staggering special bonds 2025/3/22 source: Print

China will issue 800 billion yuan (about 110.53 billion U.S. dollars) in ultra-long-term special-purpose government bonds this year to provide stronger support to projects for implementing major national strategies and building security capacity in key areas.

The construction of  the largest cross-sea bridge project in northeast China, the Changhai Bridge, officially commenced in Dalian City, Liaoning Province, in late February, with a total investment of about 7.9 billion yuan (about 1.09 billion U.S. dollars).

 The bridge is set to be completed and open to traffic by 2029.

 In east China's Jiangsu Province, 500 major projects will be implemented this year, with an annual planned investment exceeding 650 billion yuan (about 89.81 billion U.S. dollars).

 Among them, 225 projects in strategic emerging industries and future industries see a 21-percent increase, making up over 60 percent of the manufacturing sector.

This year, the government has intensified support for such projects which span various fronts, including accelerating high-level technological self-reliance, promoting high-quality population development, and boosting fundamental research and future industry growth.


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