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300 billion yuan of ultra-long-term special government bonds were issued, and the effectiveness of the "two new" policies began to show

2024-09-24

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in march this year, the state council issued the action plan to promote large-scale equipment renewal and consumer goods trade-in. in july, the national development and reform commission and the ministry of finance jointly issued several measures to further support large-scale equipment renewal and consumer goods trade-in, which comprehensively arranged about 300 billion yuan of ultra-long-term special treasury bond funds to further support the "two new" industries.

on september 23, the national development and reform commission held a special press conference to introduce the overall progress and results of the "two new" policies. zhao chenxin, deputy director of the national development and reform commission, introduced that with the joint efforts of all parties, the "two new" work has gradually achieved significant results. the supporting details have been fully issued, the national debt funds have been fully issued, and the supporting policies have been fully launched. it has effectively driven investment growth, released consumption potential, promoted industrial development, improved people's livelihood and well-being, and supported green transformation.

zhao chenxin emphasized that the "two new" work connects both ends of supply and demand, benefits both enterprises and people, and benefits both the present and the long term, and is an important measure to promote high-quality development. the "two new" work is an organic combination of greening and digitalization, which helps to transform these potentials into tangible growth. the national development and reform commission will work with relevant parties to further make full use of various policies and funds such as super-long-term special government bonds to support the "two new" and other policies, so that the policy dividends can benefit more consumers and business entities, and at the same time provide a stronger impetus for promoting sustained and healthy economic development and accelerating the transformation of production and lifestyle.

the work of "two new" has achieved remarkable results

on july 25, the national development and reform commission and the ministry of finance issued "several measures on further supporting large-scale equipment renewals and trade-ins of consumer goods", which comprehensively arranged about 300 billion yuan of ultra-long-term special government bond funds, significantly expanded the scope of support, optimized organizational methods, and increased subsidy standards.