Experts predict that in the fourth quarter, relevant departments are expected to timely introduce incremental policies based on changes in the situation.

Experts predict that both long-term special treasury bonds and local government special bonds will take the lead in leveraging a considerable investment scale, providing impetus for expanding domestic demand and stabilizing growth. In the fourth quarter, relevant departments are expected to timely introduce incremental policies according to the situation. Liu Yakun, Chief Fixed Income Analyst at China Galaxy Securities, stated that in the next stage, the funds from local government special bonds that support infrastructure and real estate projects may be implemented intensively. In the long term, new infrastructure sectors such as data centers and charging piles are expected to become new drivers of growth. Compared with traditional infrastructure, new infrastructure can leverage a more considerable investment scale.