The second batch of 62.5 billion yuan of ultra-long-term special national bonds to support consumption goods in exchange for old ones has been allocated recently.

According to the news from the National Development and Reform Commission on April 10, recently, the National Development and Reform Commission, together with the Ministry of Finance, timely allocated the second batch of 62.5 billion yuan of ultra-long-term special national bonds to local governments this year, to support local regions in continuing to steadily and orderly implement the policy of replacing old consumer goods with new ones. Next, relevant departments will continue to guide local governments, rationally grasp the work pace, optimize and improve the fund utilization plan, strengthen fund supervision, standardize subsidy application and fund review, improve subsidy payment efficiency, carry out special rectification for fraudulent subsidies, "first increase then subsidize," and other issues, and continually improve the efficiency of policy implementation.