Chinese vice premier stresses implementation of projects funded by gov't bonds

Release time：2024-05-21 17:50:25 Source：Global Gist news portal

Chinese Vice Premier Ding Xuexiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, inspects the construction site of Dashi river restoration project in Fangshan District of Beijing, capital of China, March 30, 2024. [Photo/Xinhua]

Chinese Vice Premier Ding Xuexiang has called for sound implementation of projects supported by the country's additional government bonds for post-disaster reconstruction, and strict supervision over the use of the fund.

Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks during his research tour from Saturday to Sunday in Fangshan District in Beijing, and Zhuozhou city in north China's Hebei Province. He also presided over a symposium in Zhuozhou on Sunday.

He stressed excellence and integrity in the projects to win people's approval.

In 2023, China issued an additional 1 trillion yuan (about 140.9 billion U.S. dollars) in government bonds to support reconstruction projects and disaster-response capacity building.

During his visits, Ding said that quality should be placed first, and functional improvement needs to be equally prioritized with reconstruction in developing major infrastructure projects, so as to better protect the country's capital from flood risks.

He also called for reasonable construction progress of the key reconstruction projects to ensure they are put into use before the flood season this year. 

Related articles