日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

Municipal bonds to fund urbanization push

By Lan Lan (China Daily) Updated: 2014-10-09 07:55

Municipal bonds to fund urbanization push

A shantytown area in Beijing. China will expand the use of municipal bonds as part of a broader plan to increase funding for its urbanization program, according to a senior PBOC official. HUA YU/CHINA DAILY

Central bank will support greater use of municipal issues to expand infrastructure

China will expand the use of municipal bonds as part of a broader plan to increase funding for urbanization, an official of the central bank said on Wednesday.

Municipal bonds are widely issued in many countries and the central bank will allow greater use of municipal bonds in China beyond the existing pilot programs, Guo Qingping, a senior official of the People's Bank of China, told a conference.

Economists said the use of municipal bonds could help ease the mismatch between the long payback periods for infrastructure projects and the short-term loans used to finance them.

The PBOC will closely monitor and assess the potential risks associated with financing vehicles through which local government raise funds.

Municipal bonds to fund urbanization push 
Local government debt growth slows in H1
 
Municipal bonds to fund urbanization push
 
Local governments' debt-servicing ability has been damaged by shrinking revenue from land sales and a declining real estate sector, which has increased concerns over mounting debt risks.

The PBOC and local governments will weed out financially unsustainable LGFVs while giving support to those in sound condition, he said.

Guo spoke at a conference on urbanization efforts through the year 2020, which was attended by senior officials from 15 major ministries.

The urbanization plan for that period was released by the State Council (cabinet) in March.

Officials discussed measures to promote urbanization, such as optimizing city layouts and strengthening environmental protection.

Vice-minister of Finance Liu Kun said at the conference that the ministry has formed a leading team to promote public-private partnerships. A PPP is a long-term, contractual partnership between public and private-sector agencies to provide infrastructure and other services. The ministry has told local governments to initiate PPP demonstration programs.

In the meantime, the ministry will continue to support local governments in issuing bonds, he said.

The ministry will further reform its financial and taxation system to expedite the equalization of basic public health services, said Liu.

Under the plan, China's first such plan on urbanization, 100 million migrant workers and other permanent urban residents should get hukou (household registration) by 2020.

Regular railways and expressways will connect all cities with more than 200,000 residents by 2020, and high-speed rail lines will connect those with more than 500,000 residents.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 97视频久久| 天天插天天操天天干 | 天天草天天射 | 久久影业 | 亚洲免费黄色片 | 九九福利 | 四虎中文字幕 | 最新中文字幕第一页 | 欧美性猛交xxxx | 日本黄色一级网站 | 欧美一级片在线观看 | 在线的av | 在线观看日韩中文字幕 | 影音先锋国产在线 | 激情五月av | 老女人连续高潮呻吟 | 青青草华人在线视频 | 亚洲第一在线视频 | 三星手机最新款 | 中文一级片| 黄色在线免费观看网站 | 天堂视频网 | 久久久夜夜夜 | 黄色片在线播放 | 久久久视频在线 | 日韩性xxx| 日韩在线视屏 | 日韩最新视频 | 欧美色视频在线观看 | 中文字幕在线播放一区二区 | 午夜影院免费观看 | 天天干天天玩 | av中文在线播放 | 青青视频在线免费观看 | 又色又爽又黄18网站 | 三级黄色片网站 | 日韩精品一二三四 | 中文字幕av一区二区三区 | 婷婷精品视频 | 黄色成人在线播放 | 中国第一毛片 |