AsianFin -- China has completed the issuance of 188 billion yuan (about 26.35 billion U.S. dollars) of ultra-long special treasury bonds in 2025, supporting the implementation of large-scale equipment upgrades across key sectors, the National Development and Reform Commission (NDRC) announced on Wednesday.

The funds will support approximately 8,400 projects spanning fields such as energy, logistics, environmental infrastructure, education and health care, leveraging a total investment of over 1 trillion yuan.