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Exclusive: Local Governments Urged to Rush Bond Plans Amid Fresh Signs of Slowdown

2019年09月23日 19:51 来源于 财新网
Beijing has instructed localities to submit their plans for key source of infrastructure funding as soon as possible
A locomotive prepares for departure on the Hefei Metro in Hefei, East China's Anhui province, on Sept. 5. Photo: VCG

Beijing has instructed local governments to submit their plans for issuing special-purpose bonds as soon as possible, Caixin has learned.

The directive signals that central government policymakers are in a hurry to square away funding for growth-boosting infrastructure projects amid fresh signs that growth is slowing.

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