Editor’s note: Zhu Fangfei is the director at the Research Department of the Institute for Public Policy of Zhejiang University. The article reflects the author’s opinions and not necessarily the views of CGTN. It has been translated from Chinese and edited for brevity and clarity.
China has issued the first batch of special treasury bonds with terms exceeding 30 years showing evident “ultra-long-term” characteristics. Previously, China issued special treasury bonds in 1998, 2007 and 2020, contributing to economic and social stability and development. Compared to previous issuances of special treasury bonds, the proposed ultra-long-term special treasury bonds this time stand out in three aspects:
First, they have ultra-long terms. Lon…
Read the full article at: https://news.cgtn.com/news/2024-05-17/China-s-ultra-long-bonds-help-optimize-debt-structure-1tGj6P6uuek/p.html