Policy digest

Special local government bonds to provide a boost

The State Council has called for special local government bonds to be put to good use as part of efforts to boost employment and consumption, a statement released after a meeting on Wednesday said.

The State Council executive meeting, chaired by Premier Li Keqiang, called for the acceleration of the issuance and use of 1.39 trillion yuan ($205.6 billion) in special local government bonds, it said.