(Beijing Comprehensive News) Chinese Minister of Finance Lanfo An said that China will accelerate the use of new Treasury bonds.
China's official media Xinhua News Agency on Sunday (November 5) published an exclusive interview with Blue Buddha.
Blue Foan said that the Ministry of Finance will continue to implement a positive fiscal policy and continue to make efforts in expenditure. Next, it will accelerate the issuance of new Treasury bonds and make good use of new local government bond funds.At the same time, we must do a good job of implementing a discount plan, strengthen the responsibilities of governments at all levels, and actively and stabilize the risk of resolving local government debt.
On the issue of issuance of government bonds, Blue Buddha said that he should strictly check the access and seize the placement of the place to make project declarations. According to the determined project list, the budget of the government bond project will be issued as soon as possible.At the same time, the responsibility of regulatory supervision is compacted, and the security, standardized, and efficient use of government bond funds is promoted.
Blue Buddha An said that the new special bonds for project construction in the first nine months of the first nine months of China were 3.3 trillion yuan (RMB, the same below, the same, 613.4 billion yuan), and the next step in the Ministry of Finance will increase its efforts.On the one hand, arrange some new local government debt quotas in 2024 to reasonably ensure local financing needs. On the other hand, we will strengthen the penetration monitoring of special bond projects and post -bond funds.waste.
Blue Foan also said that the restoration of China's economy will be resumed to a good trend, which will provide strong support for the growth of fiscal revenue and lay a solid foundation for the completion of the annual budget target tasks.The 61-year-old Blue Buddha was appointed as Minister of Finance of China., previously the secretary of the Shanxi Provincial Party Committee of the Communist Party of China.
The Chinese government plans to issue a 2023 national bond of 1023 (S $ 189.4 billion) in the fourth quarter of this year, which will increase the total amount of Chinese fiscal deficit to 4.88 trillion yuan.3.8%, this is the first year in China to increase the fiscal deficit in the first year.Prevent and resolve the long -term mechanism of local debt risk.
