At an Aug. 21 press briefing, Ministry of Finance Deputy Minister Liao Min said more than CNY2.0 tln of local government special bonds and ultra‑long‑term special sovereign bonds remain to be issued and deployed in H2. He added the pending issuance is large versus the same period in prior years and will help sustain policy intensity.

2026-08-21

At an Aug. 21 press briefing, Ministry of Finance Deputy Minister Liao Min said more than CNY2.0 tln of local government special bonds and ultra‑long‑term special sovereign bonds remain to be issued and deployed in H2. He added the pending issuance is large versus the same period in prior years and will help sustain policy intensity.