|
|
NPC & CPPCC Annual Sessions > Biz & Economy > News
|
Enterprise bond issuance to expandBy (Xinhua)
Updated: 2009-03-06 11:45 China will expand the issuance of enterprise bonds to fund its massive stimulus projects, said Zhang Ping, minister of the National Development and Reform Commission (NDRC) on Friday. Altogether 45 enterprise bonds worth more than 130 billion yuan ($19 billion) have been issued since the fourth quarter of last year, Zhang told a press conference during the parliament's annual session. In addition, more than 50 enterprises have applied for bond issuance worth nearly 100 billion yuan and are waiting for approval, said Zhang. Enterprise bonds in China often refer to bonds issued by State-owned enterprises and must be approved by the NDRC, China's top economic planner. They are in comparison to corporate bonds issued by listed companies, which are under the charge of the China Securities Regulatory Commission. The country will also grant policy-related bank loans with a relatively long maturity and low interest rates to fund certain stimulus projects, said Zhang.
|
金寨县| 新昌县| 新邵县| 湘潭县| 深圳市| 乐陵市| 进贤县| 成安县| 元阳县| 新宁县| 汾西县| 尼玛县| 夏邑县| 石楼县| 会理县| 溧阳市| 特克斯县| 东源县| 白山市| 泾阳县| 微山县| 西宁市| 鱼台县| 云林县| 亳州市| 沐川县| 呼和浩特市| 彰武县| 吉首市| 民丰县| 凤台县| 六枝特区| 浑源县| 奉新县| 梓潼县| 新宾| 寿宁县| 宾阳县| 岐山县| 浑源县| 尚志市|