The Ministry of finance: Up to by March, the whole nation is issued add special bond newly 1.08 tril

Couplet of joint defence of the State Council accuses a mechanism on April 3, 2020 (on Friday) in the morning 10 when hold a press conference, ask assistant president of bank of people of Xu Hongcai of undersecretary of Ministry of finance, China Liu Guojiang, Bank of China is sure to supervise administrative committee vice-chairman Introduction Zhou Liang to add local government special debt dimensions and aggrandizement are right medium finance of Pu Hui sex backs small small company, answer the reporter asks.

The Ministry of finance: Up to by March, the whole nation is issued add special bond newly 1.08 trillion yuan, ahead of schedule 2.5 months finish the job

Xu Hongcai of undersecretary of Ministry of finance (Chinese net Zhang Remeng is photographed)

It is memoir of news briefing character below:

Xu Hongcai:

Ladies, gentlemen, each reporter friends, everybody is good in the morning!

Add local government special bond shifts to an earlier date limitation of make known to lower levels, be helpful for accelerating bond to issue use plan, macroscopical to increasing policy adjusts it is strength, good to be done as a whole epidemic situation is prevented accuse to develop the job to have important sense with economic society, the Party Central Committee, the State Council takes this height seriously. Conference of conference of the Political Bureau of centrally of Xi Jinping's secretary-general, standing committee of the Political Bureau central, advance new coronal as a whole pneumonic epidemic situation is prevented accuse and on conference of deploy of work of economic society development, emphasize vigorous finance policy wanting more active promising, raise finance deficit rate appropriately, issue special national debt, add local government special bond dimensions. Premier Li Kejiang is chaired for many times hold in the center of should lead group and the State Council to epidemic situation job standing conference, the requirement is accelerated issue and use good local government special bond, drive in build project and have go into operation of conditional project as soon as possible, drive enlarge significant investment. The State Council such as Vice Prime Minister Han Zheng leads a comrade to also put forward to make clear a requirement to relevant job for many times. Standing conference special topic undertook the State Council study deploy on March 31, shift to an earlier date again certainly make known to lower levels special debt forehead spends a batch of local government, drive enlarge significant investment, the Ministry of finance carries out the Party Central Committee, the State Council stoutly decision-making deploy.

Since this year, according to the Party Central Committee, the State Council decision-making deploy, according to accredit of standing committee of countrywide National People's Congress, the Ministry of finance shifts to an earlier date make known to lower levels the part added special bond forehead newly to spend 1.29 trillion yuan 2020. Up to on March 31, 2020, countrywide each district is issued add special bond newly 1.08 trillion yuan, occupy 84% , issue dimensions to grow 63% compared to the same period, predict to shift to an earlier date about 2.5 months are finished established issue the task. Each district issues what add the project that special bond uses newly to go up is 825.5 billion yuan, occupy 77% what issue the specified number, according to the State Council standing conference deploy, what each district issues is new add special bond, use at the traffic infrastructure such as traffic of railroad, orbit entirely, zoology environmental protection, aricultural irrigation works, municipal with the domain such as industrial garden area great infrastructure project is built; Each district is used at according with a condition the special bond dimensions of gold of major project capital makes an appointment with 130 billion yuan, drive social capital actively, enlarge significant investment. From issue a circumstance to look, add special bond newly this year to issue deadline on average 14.5 years, among them 10 years period reach above long-term bond issues 933.1 billion yuan, occupy 86% , relatively annual was occupied 2019 than (34% ) increase 52 percent, as more as more reasonable than deadline as photograph of in former years, actual as the project time more match. Overall look, add local government newly it is better that special bond distributes use case.

On March 31, standing conference decides the State Council, becoming good earlier stage already on the foundation that special bond limitation sends make known to lower levels to use the job all right, clutch shift to an earlier date again by the program make known to lower levels is constant the local government of dimensions is special bond. This one arrangement is integrated actual project construction needed budgetary arrangement, place 2020 and special bond issues the element such as use plan to decide, the near future my ministry will clutch the make known to lower levels after performing relevant procedure. Capital is cast up, continue to be used at the construction of great infrastructure project that standing conference decides the State Council mainly, basically include project of environmental protection of irrigation works of project of traffic infrastructure, energy, aricultural, zoology, the people's livelihood content of service, cold chain flows establishment, municipal with industrial garden area the 7 big fields such as infrastructure; In the meantime, combinative epidemic situation is prevented accuse and invest demand change to wait to be optimized appropriately cast to, the country alone and listed, key supports major strategy project; Increase town old old village transforms a domain, allow a place to cast wait for municipal facilities project to air feed of heat addition of education of cure of lash-up medical treatment, communal sanitation, profession, city. Accelerate the new-style infrastructure such as net of couplet of center of construction 5G network, data, artificial intelligence, content shedding, content. The forehead is spent allocate on, hold to " capital goes with the project " principle, the region with low level of much to priority discipline, risk gives tilt. In the meantime, special to be being added newly this year bond, increase the proportion of the gold of major project capital that is used at according with a condition appropriately, drive social capital to increase investment further.

According to the Party Central Committee, the State Council decision-making deploy, early days Ministry of finance already coached jointly with relevant section and supervise and urge local in advance begins good preparation, develop a project ahead of schedule reserve, examine and verify, choose wait for the job. From at present local feedback circumstance looks, shift to an earlier date this again make known to lower levels is constant the local government of dimensions is special after bond, can fulfil a project to go up as soon as possible, predict to be able to form objective workload as early as possible, those who develop pair of economy is effective pull a movement to use.

In addition, height of Ministry of finance takes support seriously financing of small small company and development. Since epidemic situation happening, the branch such as the Ministry of finance and people bank, silver-colored meeting that keep watch cooperates, took a series of step in time, drive national financing to assure fund and financing of various government sex assure assure again the orgnaization falls generally cost, cancel to assure instead requirement, promotion serves efficiency, accelerate offer financing to add be convinced Wu for small small company. Allow those who accord with a condition to do poineering work assure loan extend a time limit, preferential the small small company that affects to get epidemic situation offers loan and pay interest in the form of a deduction when selling a bill of exchange to wait. The Ministry of finance still can continue to be strengthened with the branch such as the people bank, silver-colored meeting that keep watch harmonious cooperate, had done relevant work, form synergism, guide financial orgnaization to increase pair of small small companies to support strength, help small small company overshoot difficulty. Thank!

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