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今年前8个月广东发行新增专项债券3658.5亿元
Zhong Guo Xin Wen Wang·2025-10-11 13:40

Core Points - Guangdong Province issued a total of 365.85 billion yuan in new special bonds from January to August 2025, accelerating the issuance and usage to support economic recovery [1][2] - The central government allocated a new debt limit of 1,106.8 billion yuan to Guangdong from 2024 to August 2025, including 568.6 billion yuan for 2025, which consists of 32 billion yuan in general debt and 536.6 billion yuan in special debt [1] - The province aims to implement a more proactive fiscal policy and promote high-quality development through effective debt management [1] Debt Management and Usage - Guangdong accelerated the issuance of special bonds and optimized the expenditure progress reporting mechanism, with 5,085 billion yuan of new special bonds planned to be fully issued by the end of October 2024 [2] - 80% of the funds are directed towards significant investment areas such as transportation and industrial park infrastructure, with over 80 billion yuan allocated for major infrastructure project capital [2] - The province maintains overall government debt risk at a controllable level, having completed the task of resolving existing hidden debts and ensuring zero growth in new hidden debts [2] Financial Management - Guangdong has strengthened post-issuance management of special bonds and implemented measures to secure repayment funds, ensuring timely and full repayment of all government bond principal and interest [2] - The province is committed to maintaining a bottom line of no risks associated with legal bonds [2]