China to accelerate issuance of government bonds, finance minister says

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China will accelerate the issuance and use of government bonds, state-run news agency Xinhua reported on Sunday citing an interview with new finance minister Lan Foan.

A woman walks in the Central Business District on a hazy morning in Beijing, China, October 25, 2021. REUTERS/Thomas Peter/File PhotoBEIJING, China, Nov 5 -

"The Ministry of Finance will continue to implement a proactive fiscal policy, focus on improving efficiency, and better play the effectiveness of fiscal policy," said Lan, who also noted the "complex domestic and international situation". He succeeded Liu Kun who had held the position since 2018. Previously, Lan was party chief of the northern province of Shanxi.

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