Local governments plan to issue bonds exceeding one trillion yuan in the first quarter of next year.

In order to stabilize the economy, local governments are beginning to issue government bonds next year to raise funds to support major project construction, etc. It is currently estimated that the fundraising scale in the first quarter has exceeded 1 trillion yuan. Journalists have found that as of December 22, at least 14 provinces and cities including Sichuan, Jiangsu, Jiangxi, and Guizhou have already announced their plans to issue local government bonds in the first quarter or in January next year, with a total issuance scale of nearly 1.2 trillion yuan.