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Local govt bond sales
Local govt bond sales
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Six cities or provinces will be allowed to sell bonds directly this year under an expanded pilot program to establish a regulated financing mechanism for local governments, the Ministry of Finance said in a statement . Jiangsu and Shandong provinces were added to the list, joining Shanghai, Zhejiang, Guangdong and Shenzhen, which were approved by the State Council in November 2011 as the first local governments eligible to issue bonds directly.
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  • By Xin Zhiming(China Daily)2017-08-19 08:58

    China approved big-ticket investments for 22 fixed-asset projects in July, up from 11 in June, and launched new bonds in an attempt to maintain stable economic growth, the National Development and Reform Commission said on Friday.The state planner said it will also renew efforts to boost private inv...

  • By Lin Songtian(China Daily)2017-08-16 08:56

    Editor's note: The China-Africa Media Forum hosted by the Information Office of the State Council and co-organized by Xinhua News Agency and Independent Media Group of South Africa was held in Johannesburg, South Africa, on Monday. Below are excerpts from the speeches of the participants. China has ...

  • By Yang Jun In Guiyang(China Daily)2017-08-16 08:51

    Vietnamese students enjoy time at Chinese university After more than three years at Guizhou Minzu University, Luong Nguyen Hai Nam, a Vietnamese student, has fallen in love with the land, the sour fish soup and the local culture. "Guizhou is my second hometown. I hope to spend my life here after fi...

  • By Meng Fanbin(China Daily)2017-08-14 08:48

    Global investors are expected to invest more in Chinese bonds through the mainland-Hong Kong connect on the back of the stable renminbi exchange rate and the country's fast-growing economy, experts said. The bond connect platform opened last month. "Higher overall yield, comparatively healthier fund...

  • By Fu Jing(China Daily)2017-08-08 08:35

    I am thrilled by the avalanche of comments, re-posts and likes that I received within hours of the publication of my article on China Daily's weibo account on actor Jin Dong and his presence in the Belgian city of Antwerp to film Mr Right, a new TV drama. The popularity of the article can be partly ...

  • (China Daily)2017-08-04 09:08

    SYDNEY - Sharks are a vital part of the marine ecosystem, often thought to be dangerous and deadly creatures, but for Australian diver Rick Anderson, they are good friends. Nestled in the pristine beaches of Australian tourist town Port Macquarie, Anderson, the owner of Rick's Diving School, has ma...

  • (Xinhua)2017-08-03 08:23

    BEIJING - China will attempt to widen financing channels for local governments through a pilot revenue bond program. In a statement Wednesday, the Ministry of Finance (MOF) said provincial areas would be encouraged to issue bonds to finance public projects that generate stable income. The new produc...

  • By Wang Yanfei(China Daily)2017-08-03 07:50

    The Ministry of Finance on Wednesday issued guidelines allowing local governments to issue special bonds. The total amount of bond value cannot exceed the ceiling imposed by the State Council set at the beginning of the year, according to the guideline issued by the ministry. Apart from bonds of oth...

  • (Xinhua)2017-07-27 11:31

    Hungary issued state bonds in China in an amount of 1 billion yuan ($151 million), State Secretary of the Ministry for National Economy Agnes Hornung said Wednesday.It is the first time that Hungary entered the Chinese interbank bond market to issue RMB bonds and Hungary's first sovereign panda bond...

  • By Cai Xiao(China Daily)2017-07-27 08:17

    Chinese mainland stock exchanges are carrying out trials to allow individuals to buy local government bonds, in a move aimed at decreasing financing costs and improving liquidity.The Ministry of Finance has given the Shenzhen Stock Exchange approval to issue local government bonds through a particul...

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