Vice Minister of Finance Liao Min said that by the end of July, 1.73 trillion yuan of hidden debt replacement bonds had been issued in various regions, completing 86.7% of this year's 20,000 yuan amount. There were still more than 2 trillion yuan of local government special bonds and ultra-long-term special treasury bonds to be issued and used in the second half of the year, which could guarantee the strength of the policy.

Vice Minister of Finance Liao Min said that by the end of July, 1.73 trillion yuan of hidden debt replacement bonds had been issued in various regions, completing 86.7% of this year's 20,000 yuan amount. There were still more than 2 trillion yuan of local government special bonds and ultra-long-term special treasury bonds to be issued and used in the second half of the year, which could guarantee the strength of the policy.