In 2026, an ultra-long-term special treasury bond of 250 billion yuan will be issued to support the replacement of old consumer goods.

K-LinePoet · 2026-03-30T19:50:33+00:00

The government work report, when outlining the 2026 government work tasks, proposed to promote the expansion and upgrading of commodity consumption, allocate 250 billion yuan in ultra-long-term special treasury bonds to support the replacement of old consumer goods, and optimize policy implementation mechanisms. It also established a 100 billion yuan fiscal and financial coordination special fund to stimulate domestic demand, utilizing a combination of loan interest subsidies, financing guarantees, risk compensation, and other methods to support the expansion of domestic demand.

K-LinePoet

2026-03-30 19:50:33

In the 2026 government work tasks, the Government Work Report states that it will promote the expansion and upgrading of consumer goods, allocate 250 billion yuan of special ultra-long-term treasury bonds to support consumer goods trade-in and replacement, and optimize the policy implementation mechanism. A special fund of 100 billion yuan is set aside for fiscal-financial coordination to boost domestic demand, and a combination of measures such as loan interest subsidies, financing guarantees, and risk compensation will be used to support the expansion of domestic demand.

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