On the 10th, Lin Zechang, director of the Comprehensive Department of the Ministry of Finance, stated at a press conference on 'The Achievements of High-Quality Economic Development in China' held by the State Council Information Office that the scope of special bond usage will be expanded to allow for two real estate-related areas, both of which are policies aimed at increasing effective demand. Within the newly issued special bond quota in 2025, local authorities may coordinate arrangements for land reserves and the acquisition of existing Commodities as needed, and these two policies will gradually be released in 2025.
财政部：在2025年新增发行专项债额度内，地方可根据需要统筹安排用于土地储备和收购存量商品房
Ministry of Finance: Within the new issuance quota of special bonds in 2025, local governments can allocate funds as needed for land reserve and the acquisition of existing Commodities.
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