10 Jul 2020
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On Tuesday, we told you that the central government approved the last batch of annual special purpose bonds (SPBs).
Some context: SPBs are key to the government’s ability to support the economy because they are the main funding channel for local governments to invest in infrastructure.
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April 24, 2024
Xi Jinping knows the importance of good urban governance. On Monday, Xi kicked off a tour of Chongqing municipality in southwest China. He urged local officials to up their urban governance efforts: He inspected neighborhood renewal projects in an urban… Read More »
April 24, 2024
Xi Jinping has been all about regional development of late. The latest: On Tuesday, the big man chaired a symposium on western regional development in Chongqing municipality in southwestern China. This is the sixth symposium Xi has chaired on regional… Read More »
April 24, 2024
The ag ministry's (MARA) new rural construction project database is off to a solid start. We got a bunch of new details about the initiative at Friday's presser on the rural economy. A quick refresher: Beijing's pandemic-era stimulus efforts hit… Read More »