The first batch of ultra-long-term special national bonds supporting equipment update funds have been allocated. This year, more than 150 billion yuan of funds for "two new" industries have been allocated.

According to the Shanghai Securities News, it was learned on January 22 from the National Development and Reform Commission that the first batch of 93.6 billion yuan of ultra-long-term special national bonds to support equipment renewal funds for 2026 has been issued. Together with the first batch of 62.5 billion yuan of ultra-long-term special national bonds to support the consumption of goods and the old-for-new fund plan issued to localities before New Year's Day, over 150 billion yuan of "two new" funds have been issued this year. It is reported that the first batch of ultra-long-term special national bonds to support equipment renewal funds this year will support about 4,500 projects in sectors such as industry, energy and electricity, education, healthcare, grain and oil processing, customs inspection, residential old elevators, energy conservation, carbon reduction, environmental protection, recycling and reuse, driving total investment of over 460 billion yuan. At the same time, by directly issuing funds to local regions, support will also continue for the scrapping and renewal of old operating trucks, the renewal of new energy city buses, and the scrapping and renewal of old agricultural machinery.