In order to stabilize the economy, local governments are beginning to issue government bonds early next year to raise funds to support the construction of major projects, etc. Currently, the funding scale for the first quarter is expected to exceed 1 trillion yuan. The reporter combed through public information from local finance departments and found that as of December 22, at least 14 provinces and cities, including Sichuan, Jiangsu, Jiangxi, and Guizhou, have disclosed their local government bond issuance plans for the first quarter or January of next year, with a cumulative issuance scale of nearly 1.2 trillion yuan.

In order to stabilize the economy, local governments are beginning to issue government bonds early next year to raise funds to support the construction of major projects, etc. Currently, the funding scale for the first quarter is expected to exceed 1 trillion yuan. The reporter combed through public information from local finance departments and found that as of December 22, at least 14 provinces and cities, including Sichuan, Jiangsu, Jiangxi, and Guizhou, have disclosed their local government bond issuance plans for the first quarter or January of next year, with a cumulative issuance scale of nearly 1.2 trillion yuan.