China to allocate more funds in October to support trade-in program

中国将于10月增加资金投入,以支持以旧换新项目

Special English

2025-08-11

27 分钟
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①China to allocate more funds in October to support trade-in program ②China approves new lunar sample applications from research institutions ③China's national park reforms drive steady gains in biodiversity ④China's desert spring hits 20-year high in water level, revealing ecological progress ⑤South China dinosaur footprint discovery sheds light on mysterious ancient worlds
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  • The world is changing fast, but you can learn it at a slower pace.

  • You're listening to Special English.

  • Here is the news.

  • 9.65 billion US dollars in ultra-long special treasury bond funds will be allocated in October to support the country's consumer goods trade-in program.

  • Jiang Yi An official with the National Development and Reform Commission said this will be the fourth and final batch of the year,

  • and the country had already issued its third batch of ultra-long special treasury bond funds in the same amount.

  • The Ministry of Finance, together with the National Development and Reform Commission,

  • has this year earmarked 300 billion yuan in such funds to back the Consumer Goods Trade-in Programme.

  • with the Commission,

  • said that the economic performance in the first half of the year demonstrated strong resilience,

  • with domestic demand contributing 68.8% to GDP growth.

  • and continuing to serve as a driving force for expansion.

  • According to Zhou,

  • the Commission will continue to promote the introduction and implementation of a series of measures to stabilise employment and the economy.

  • It will also strengthen economic monitoring,

  • forecasting and early warning, regularly conduct policy research and preparation,

  • as well as continuously improve the policy toolkit

  • for stabilising employment and expanding domestic demand.

  • You're listening to Special English.

  • China's space agency has released the approved list for the ninth batch of lunar sample research applications,