Group 1 - The Chinese government is implementing a more proactive fiscal policy this year to support economic and social development [1][2] - By the end of March, the central government completed budget approvals for central departments, ensuring timely fund allocation [1] - In the first half of the year, the central government allocated 9.29 trillion yuan in transfer payments to local governments, accounting for 89.8% of the annual budget [1] Group 2 - A total of 2.6 trillion yuan in new local government bonds was issued in the first half of the year to support major projects [1] - The government allocated 6.583 billion yuan in special long-term bond funds to support key projects and initiatives [1] - The government plans to allocate 3 trillion yuan in special long-term bond funds to stimulate consumption, including a program for replacing old consumer goods [2]
中国财政部官员简介财政政策如何“更加积极”
Zhong Guo Xin Wen Wang·2025-07-25 13:28