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China to issue local toll road bonds [Copy link] 中文

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Post time 2017-7-13 19:28:59 |Display all floors
Aerial photo of the Anhui segment of Huizhou-Hangzhou Highway in East China.[Photo/Xinhua]
China will issue local toll road bonds this year to standardize local government's financing for toll roads, according to an official statement released on Wednesday.

This is the latest move to regulate local government's financing behaviors following the rollout of local land reserve bonds.

Local governme ...

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