China to Issue Record 3 Trillion Yuan ($411 Billion) in Special Treasury Bonds in 2025

Dec 24, 2024, 09:53 AM

Chinese authorities have agreed to issue 3 trillion yuan (approximately $411 billion) in special treasury bonds in 2025, marking the highest issuance on record. This decision is part of a broader strategy to enhance fiscal stimulus aimed at revitalizing the country's faltering economy. The funds raised from these bonds will be utilized for various initiatives, including consumer goods and industrial equipment trade-in schemes, subsidies for consumption, and investments in advanced manufacturing. This issuance represents a significant increase from the 1 trillion yuan issued in 2024, highlighting China's commitment to boosting economic activity amid ongoing challenges.