China to Issue 1.3 Trillion Yuan in Ultra-Long Treasury Bonds in 2025Beijing, 5 Mar (ONA) — China will issue a total of 1.3 trillion
yuan (about $182 billion) of ultra-long special treasury bonds in
2025, up 300 billion yuan from last year.

According to a government work report submitted today to the
national legislature for deliberation, the country plans to issue 4.4
trillion yuan (about $613.67 billion) of local government
special-purpose bonds in 2025, an increase of 500 billion yuan over
last year.

China will also launch special initiatives to boost consumption
in 2025, including issuing ultra-long special treasury bonds of 300
billion yuan ($42 billion) to support consumer goods trade-in
programs.

The issuance of these ultra-long-term bonds reflects China’s
commitment to using fiscal tools to manage public debt and finance
key economic initiatives. The government has also set an economic
growth target of around 5% for 2025, emphasizing the importance of
domestic consumption as a driver of economic activity.— Ends/Khalid