China plans to sharply increase funding for ultra-long treasury bonds in 2025 to stimulate business investment and consumer-focused initiatives. Special treasury bonds will fund large-scale equipment upgrades, trade-ins for consumer goods, and subsidies for digital products like smartphones, tablets, and smartwatches. Beijing amplifies fiscal stimulus to combat economic challenges, including a property crisis and weak consumer demand. Authorities approved projects worth 100 billion yuan for 2025 and may issue a record 3 trillion yuan in special treasury bonds.
Category
🗞
NewsTranscript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02China plans to sharply increase funding for ultra-long treasury bonds in 2025
00:06to stimulate business investment and consumer-focused initiatives.
00:10Special treasury bonds will fund large-scale equipment upgrades,
00:14trading for consumer goods, and subsidies for digital products like smartphones,
00:18tablets, and smartwatches. This comes as Beijing amplifies fiscal stimulus to combat
00:23economic challenges, including a property crisis and weak consumer demand. Authorities
00:28approve projects worth $100 billion yuan for 2025, and may issue a record $3 trillion yuan
00:34in special treasury bonds. For all things money, visit Benzinga.com slash GSTV.