China issued over 1.86 trillion yuan (about 260 billion U.S. dollars) in local government bonds in the first two months of 2025, marking the country's strong fiscal measures to support local development.
The latest data from the Ministry of Finance show that new local government bonds amounting to 801.9 billion yuan were issued nationwide from January to February, including 205.1 billion yuan in general bonds and 596.8 billion yuan in special bonds.
In total, over 1.86 trillion yuan in local government bonds were issued nationwide, with 235.5 billion yuan in general bonds and around 1.63 trillion yuan in special bonds.
The bonds are part of the Chinese government's annual plan to adopt a more proactive fiscal policy, which includes issuing 4.4 trillion yuan of local government special-purpose bonds in 2025, an increase of 500 billion yuan over last year, according to this year's government work report.
China issued over 1.86 trillion yuan local government bonds in January, February
China issued over 1.86 trillion yuan local government bonds in January, February
Venezuela's acting president Delcy Rodriguez said on Sunday that the country is at a critical stage and must achieve national unity, emphasizing that maintaining internal cohesion is of utmost importance.
In a televised address, Rodriguez called on the public to continue trusting the government under the current highly complex political circumstances.
Her statement comes in the wake of a January 3 military operation conducted by the United States, during which Venezuelan President Nicolas Maduro and his wife were taken into custody and flown out of the country.
The operation resulted in at least 100 fatalities.
Rodriguez, who was sworn in as acting president two days later on January 5, framed her appeal for unity against this backdrop of external intervention.
Meanwhile, Venezuelan Minister of Communication and Information Freddy Nanez denounced the U.S. actions as a "war crime of the 21st century" when speaking at an international cultural event on Sunday.
Nanez condemned not only the January 3 airstrikes but also the associated cyber and electromagnetic attacks.
He accused the United States of violating international law through the forced removal of President Maduro and his wife, while attacks on civilian infrastructure, including medical facilities, represent a flagrant breach of humanitarian norms.
He reiterated that the stigmatization and military attacks against Venezuela are driven by economic interests, particularly the desire to control its abundant natural resources.
Venezuelan acting president calls for national unity amid complex situation
Venezuelan acting president calls for national unity amid complex situation
