China is turbocharging its economy with a 1 trillion yuan ($139B) investment package funded by ultra-long special treasury bonds! 💰 The National Development and Reform Commission just announced all funds have been allocated to projects blending innovation and sustainability – and Gen Z climate activists will cheer the green angle. 🌱
Where’s the Money Flowing?
• 700B yuan for national security + next-gen infrastructure: Think Yangtze River region railways and tech-savvy farmlands in northeast China 🚆 • 300B yuan for consumer upgrades: Swap old gadgets for new ones! 📱💻
Eco-Wins & Timelines
The funds will also bankroll China’s massive ‘shelterbelt’ forest program to combat desertification 🌳⏳. Officials promise ‘accelerated monitoring’ to get cranes moving ASAP. This isn’t a one-off – more bond issuances are planned through 2024+!
