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Fiscal policy

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AI-generated illustration: blank folders, building blocks and a bridge under construction represent local public finances and infrastructure development; these are not actual projects or evidence of fund use.
Business/Oct 10, 2026

China activates 550 billion yuan of unused local debt quota for county finances and investment

The Finance Ministry’s October 9 announcement allocates 300 billion yuan of general debt headroom to county and district budget support, and 250 billion yuan of special debt headroom to fourth-quarter project financing needs.

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