Home » Li Qiang: Issuing and making good use of ultra-long-term special treasury bonds with high quality to support various tasks of “double-oriented” construction – Wall Street News

Li Qiang: Issuing and making good use of ultra-long-term special treasury bonds with high quality to support various tasks of “double-oriented” construction – Wall Street News

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Li Qiang: Issuing and making good use of ultra-long-term special treasury bonds with high quality to support various tasks of “double-oriented” construction – Wall Street News

Li Qiang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, emphasized the importance of issuing ultra-long-term special treasury bonds to support the “double” construction during a recent meeting held by the State Council. This decision was made by the Party Central Committee with the aim of focusing on building a strong country and national rejuvenation, promoting Chinese-style modernization, high-quality development, and seizing the initiative in development.

The video conference, which took place on May 13, was held to mobilize support for the “double-oriented” construction. Li Qiang stressed the need to implement the spirit of General Secretary Xi Jinping’s important instructions, particularly when it comes to issuing and utilizing ultra-long-term special treasury bonds. This financial support will be crucial in implementing major national strategies and building security capabilities in key areas to further Chinese-style modernization.

Other key figures present at the meeting included Ding Xuexiang, Vice Premier of the State Council, as well as other Vice Premiers and State Councilors. The focus was on aligning all regions and departments with the decision-making and deployment of the Party Central Committee to ensure the successful completion of various tasks related to the “double” construction.

In order to promote Chinese-style modernization effectively, Li Qiang highlighted the need to concentrate on supporting major national strategies and key security capabilities. This includes coordinating investments and construction projects, as well as implementing reforms and innovative measures to overcome obstacles. The emphasis was also placed on addressing people’s livelihood expectations and investing in human capital to improve overall quality of life.

It was stressed that the “double” construction should be approached with a long-term perspective, emphasizing the coordination of key tasks for this year and the next few years. This involves strategically selecting projects for early construction and ensuring a seamless transition into the next phases of development. Additionally, the coordination of fiscal and monetary policies was deemed essential to guide more financial resources into the real economy and encourage private investment in the “dual” construction projects.

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Overall, the meeting aimed to rally all regions and departments to work together towards implementing the Party Central Committee’s directives and ensuring the quality and safety of “double” projects. By building high-quality, reliable projects, China aims to advance its development goals and promote Chinese-style modernization effectively.

The sources for this information come from the Xinhua News Agency, with the original title being “Li Qiang emphasized at the mobilization video conference to support the “double-oriented” construction and deployment to support the “double-oriented” construction with high quality and provide strong support for promoting Chinese-style modernization. Ding Xuexiang presided over the meeting”. Investors are advised to exercise caution and consider their individual circumstances before making any investment decisions.

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