4HsjrV3I95G capital.huanqiu.com article As of early April, China's central finance had issued 8.68 trillion yuan in local transfer payments /e5d59phvs/e5d5m10mv <article><section data type="rtext"><p>China News Agency, Beijing, May 21 (Reporter Zhao Jianhua) The Ministry of Finance of China announced on the 21st that as of the first ten days of April, the central government had issued 8.68 trillion yuan (RMB, the same below) for local transfer payments; From January to April, all regions issued 716.4 billion yuan of special bonds for project construction within the new debt limit issued in advance</ p> <p>After the National People's Congress approved the central budget for 2024, the Ministry of Finance organized the budget approval and distribution in a timely manner. As of the first ten days of April, the central government had issued 8.68 trillion yuan of local transfer payments, accounting for 85.1% of the budget at the beginning of the year; In the general transfer payment and the transfer payment of common financial authority, all qualified project funds have been released</ p> <p>The Ministry of Finance stressed that it will strictly implement the budget approved by the National People's Congress, adhere to the principle of having a budget before spending, strictly control the introduction of new spending increase policies and budget additions during implementation. Adhere to the tight schedule of the Party and government organs, strengthen the budget management of the three official expenses, and strictly control general expenditures</ p> <adv-loader __attr__inner="7004636" __attr__style="width: auto; position: relative;float: left;border: 1px solid #ebebeb; padding: 20px;overflow: hidden;margin: 10px 30px 40px 0; "></adv-loader> <p>On the same day, the Ministry of Finance also announced that from January to April this year, all regions issued 716.4 billion yuan of special bonds for project construction within the new debt limit issued in advance. The funds are mainly used for municipal construction and industrial park infrastructure, social undertakings, transportation infrastructure, affordable housing projects, agriculture, forestry, water conservancy and other key areas determined by the central government, to promote the construction and implementation of a large number of projects that benefit people's livelihood, complement weaknesses, strengths and weaknesses, and play an important role in driving the expansion of effective investment and maintaining stable economic operation</ p> <p>Next, the Ministry of Finance will guide local governments to speed up the issuance and use of special bonds, optimize the pace and intensity of government investment, and give full play to the positive role of bond funds in driving the expansion of effective investment. (End)</p><p>[Edit: Li Yan]</p></section></article> one trillion and seven hundred and sixteen billion two hundred and seventy million three hundred and fifty-seven thousand one hundred and ninety-nine Editor in charge: Li Xiaodan <a href=" https://www.chinanews.com.cn/cj/2024/05-21/10220577.shtml ">China News Service</a> one trillion and seven hundred and sixteen billion two hundred and seventy million three hundred and fifty-seven thousand one hundred and ninety-nine one one []