Ministry of Finance: The Ministry of Finance will guide and urge all areas to further strengthen the closed-loop management of special bonds through "borrowing and returning".

At today's press conference of the Ministry of Finance, relevant officials from the Ministry of Finance introduced that overall, in the first half of the year, various regions have strengthened the management of the issuance and use of special bonds, and the policy effects of special bonds continue to be released. The Ministry of Finance has strengthened the oversight of special bond funds by conducting a "scan-type" inspection of the use of special bond funds and taking resolute actions against violations. Zhao Zeyong, deputy director of the Debt Management Department of the Ministry of Finance, stated that in the next step, the Ministry of Finance will guide and urge various regions to further strengthen the closed-loop management of special bond "borrowing and repayment". Better coordinate fund use and project construction, accelerate the disbursement and use of funds, and quickly generate physical work results. Strictly implement the management of "negative lists", improve the collection of project operating income, and effectively enhance debt repayment capabilities.