On the 10th, Liao Min, the Deputy Minister of Finance, stated at a press conference held by the State Council Information Office that special government bonds would be issued to support state-owned banks in replenishing their core tier one capital. Relevant banks are currently calculating and refining their capital replenishment plans and will expedite their implementation.
财政部：发行特别国债支持国有大行补充核心一级资本，目前相关银行正在测算和细化补充资本方案
The Ministry of Finance: Issuing special government bonds to support state-owned banks in replenishing core Tier 1 capital, and related banks are currently calculating and refining the capital replenishment plan.
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