Wednesday, December 25, 2024
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China to enhance deficit spending, increase govt bond issuance to sustain development


BEIJING (Reuters) – China will certainly increase its deficit spending proportion, increase financial costs and speed up expense in 2025, the money ministry claimed on Tuesday.

The federal government will certainly schedule a bigger range of federal government bonds to give even more assistance for securing development, the ministry claimed, pointing out a significant federal government meeting held in between Monday and Tuesday.

(Reporting by Beijing newsroom; Editing by Jamie Freed)



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