(Beijing Composite Electric) In order to increase economic recovery, the Chinese government has sacrificed the latest financial stimulus measures.Chinese official media reported that the Standing Committee of the National People's Congress approved the resolution of the State Council to issue government bonds on Tuesday (October 24), and adjusted the central budget plan in 2023.
Comprehensive Xinhua News Agency and CCTV News reported that the Sixth Session of the Standing Committee of the 14th National People's Congress of China voted on Tuesday and passed the resolution on the approval of the State Council to issue government bonds and the central budget adjustment plan in 2023.
The Chinese Central Government will issue 1023 national bonds of 1023 (RMB, Same as S $ 189.4 billion) in the fourth quarter of this year.Disaster reduction of disaster relief, overall improvement of China's ability to resist natural disasters.
Since the beginning of this year, China has encountered disasters such as rainstorms, floods, and typhoons in many places, and the tasks of reconstruction after local disaster recovery have been heavier. In recent years, various types of extreme natural disasters have occurred frequently, which has put forward higher requirements for Chinese disaster prevention and disaster relief capabilities.EssenceThe Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China held a meeting on August 17 to study the deployment of flood prevention and flood resistance and disaster relief and reconstruction reconstruction, and proposed "accelerating the reconstruction of reconstruction" and "further enhanced China's disaster prevention and disaster relief capabilities."
Central Finance will issue 1023 Treasury bonds in the fourth quarter of this year. As a special government bond management, all will be arranged to the place by transferring payment methods. This year, it is planned to arrange the use of 500 billion yuan to transfer 500 billion yuan next year.The national fiscal deficit will increase from 3880 billion yuan to 4880 billion yuan, and the expected deficit rate will increase from 3%to about 3.8%.
