National Development and Reform Commission: The scale of new types of policy-based financial instruments is 500 billion yuan.

[National Development and Reform Commission: The scale of new policy-based financial instruments is 500 billion yuan] Li Chao, deputy director of the Policy Research Office of the National Development and Reform Commission and spokesperson, stated at a press conference that in order to implement the decisions and deployments of the Central Committee of the Communist Party of China and the State Council, promote better financial services for the real economy, and expand effective investment, the National Development and Reform Commission is actively advancing the relevant work on new policy-based financial instruments in conjunction with relevant parties. The scale of new policy-based financial instruments is a total of 500 billion yuan, all of which will be used to supplement project capital. We are working closely with relevant parties to expedite the allocation of funds from new policy-based financial instruments to specific projects, and will subsequently urge localities to accelerate the commencement of projects to quickly generate more physical workload, expand effective investment, and promote stable and healthy economic development. (China News Network)