The first batch of 62.5 billion yuan special ultra-long-term national bonds in 2026 to support the consumer goods replacement plan has been issued ahead of schedule.

Xinhua News Agency, Beijing, December 30 (Reporters Wei Yukun, Wei Hongyi) The reporters learned on December 30 from the National Development and Reform Commission that in order to optimize the implementation of the "two new" policies, and to ensure a smooth and orderly policy transition to meet the peak consumption demand during the New Year and Spring Festival, the National Development and Reform Commission, together with the Ministry of Finance, has recently issued the first batch of 62.5 billion yuan of long-term special national bonds for the year 2026 to support the consumer goods replacement plan. It is reported that the next step, the National Development and Reform Commission will work with relevant departments to fully leverage the role of the inter-ministerial joint meeting system for the "two new" sectors, strengthen overall coordination and tracking control, organize localities to grasp the work rhythm reasonably, balance and orderly use subsidy funds, enhance the supervision of funds throughout the chain, and smoothly implement the policy of replacing old consumer goods with new ones, continuously releasing the effectiveness of the "two new" policies. This article is reprinted from "Xinhuanet Co., Ltd.", GMTEight editor: Liu Jiayin.