The first batch, totalling 237.9 billion yuan, will be allocated as subsidy funds, according to the Finance Ministry. — China Daily
BEIJING: China releases a budget for the first batch of projects to use funds raised through the additional one trillion yuan of sovereign bonds, were announced in October to be issued in the fourth quarter.
The first batch, totalling 237.9 billion yuan, was issued recently and will be allocated as subsidy funds, according to the Finance Ministry.
