This year, 200 billion yuan of ultra-long-term special national bonds have been issued to support the funding for the updating of "two new" equipment.

According to the news of the National Development and Reform Commission on July 3, in accordance with the decisions and arrangements of the Party Central Committee and the State Council, the optimization and implementation of the "two new" policies will allocate 200 billion yuan of ultra-long-term special national bonds to support equipment updates by 2026. Recently, the National Development and Reform Commission has issued the third batch of equipment update project list and funding arrangements for this year, supporting equipment updates in fields such as energy, power, logistics, education, elderly care institutions, offline consumer business facilities, old operating trucks, and installation of elevators in old residential buildings. Since the beginning of this year, the National Development and Reform Commission has worked with relevant departments to optimize the support scope, improve the application process, strengthen review and monitoring, and accelerate the work pace, issuing equipment update funds in three batches. Currently, the total amount of 200 billion yuan in equipment update funds for the whole year has been fully allocated, supporting approximately 11,000 projects in 22 different fields, providing strong support for accelerating industrial upgrading, promoting green development, improving people's well-being, and strengthening safety. From January to May this year, the investment in equipment and tools increased by 9.3% year-on-year, accounting for 17.5% of total investment, an increase of 2.2 percentage points from the same period last year. Next, the National Development and Reform Commission will work with relevant departments to urge and guide all parties to accelerate project construction, strengthen full-process closed-loop management, speed up the completion of more physical work, and fully leverage the effectiveness of central fund utilization. This article is selected from the WeChat official account of the National Development and Reform Commission. Editor: Feng Qiuyi.