各地积极做好明年专项债项目储备
Zhong Guo Zheng Quan Bao·2025-11-18 20:05

Group 1 - The core viewpoint of the articles emphasizes the proactive planning by local governments for the 2026 special bond projects, which is expected to facilitate a faster issuance of special bonds in the first quarter of 2026 [1][2][3] - The Ministry of Finance has indicated that it will continue to advance the new local government debt limit for 2026, supporting the funding needs for key projects in the first quarter of 2026 [1][2] - Various regions, such as Jiangxi Province, have begun reviewing their special bond project needs, with Jiangxi proposing 33 key projects requiring 2.113 billion yuan for areas like old community renovation and urban sewage treatment [1] Group 2 - Experts highlight that having a sufficient reserve of quality projects is crucial for local governments to effectively utilize special bonds and enhance funding efficiency [2] - The construction cycles for projects in sectors like new energy and new infrastructure typically exceed one year, making early planning essential for a strong start in 2026 [2] - The distribution of special bond quotas will follow a positive incentive principle, with provinces that have robust project reserves likely to receive more quotas and experience expedited approval processes [3]