Financial Wire

China Rolls Out 216.8 Billion Yuan for Key Projects

-- China allocated 216.8 billion yuan in ultra-long special treasury bonds, funding 336 projects, according to the National Development and Reform Commission.

The projects span artificial intelligence, underground pipeline upgrades, Yangtze River transport infrastructure, high-standard farmland and higher education.

The second batch brings total funding to 606.5 billion yuan, 76% of the full-year target of 800 billion yuan.

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