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<CN Home>Guangdong Issues RMB30.7B+ Special Bonds for Recovering Idle Land, Setting Precedent in CN: Report
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The Department of Finance of Guangdong Province has released the "Notice on the Issuance of Guangdong Provincial Government Special Bonds (Phase 8-9) for 2025", Chinese media reported. Based on the issuance details, this batch of bonds consists of two phases, with a total issuance amount of RMB30.71859 billion. The report also indicated that all the special bonds issued this time will be used to recover idle land, involving 86 projects across 19 cities in Guangdong Province. Guangdong Province set a precedent in China by taking the lead in issuing special bonds for the acquisition of land stock, said Chen Wenjing, Director of Policy Research at the China Index Academy. AAStocks Financial News |
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