This year, the funding of 18.8 billion yuan for super long-term special national debt to support equipment update investment subsidies has been fully disbursed.

On the 13th, it was learned from the National Development and Reform Commission that the 18.8 billion yuan subsidy funds for equipment renewal supported by super long-term special national bonds in 2025 had been fully distributed recently. Reporters learned that since 2025, the National Development and Reform Commission, together with relevant departments and localities, optimized the scope of equipment renewal support, improved project application and review standards, strictly screened projects, and promoted equipment renewal in key areas. The 18.8 billion yuan subsidy funds allocated are used to support approximately 8,400 projects in various fields such as industry, energy efficiency equipment, energy and power, transportation, logistics, environmental infrastructure, education, cultural and tourism, medical care, old residential elevators, electronic information, facility agriculture, grain and oil processing, safety production, recycling and reuse, etc., driving a total investment of over 1 trillion yuan.