The People's Bank of China (PBOC) purchased 400 billion yuan of special government bonds from primary dealers in the open market business, according to the central bank's announcement on open market operations on Thursday.
Through quantity bidding, the PBOC conducted open market business spot buyout transactions. On the same day, the Ministry of Finance announced the completion of the issuance of 400 billion yuan of special treasury bonds.
The purchase and issuance of such bonds is an important part of this year's proactive fiscal policies, which will help boost market confidence and expectations, and better support economic development, analysts said.
The special treasury bonds issued on August 29 are the continuation of the maturing special treasury bonds (the special treasury bonds that first started with the capital injection of the China Investment Corporation).
China's central bank purchases 400 bln yuan gov't bonds
Two new Chinese law enforcement vessels were officially commissioned on Monday to support joint patrols and law enforcement missions by China, Laos, Myanmar and Thailand on the Mekong River.
The two vessels are respectively the new command vessel No. 53108 and the high-speed patrol law enforcement vessel No. 53117. Their performance and functions have been enhanced and expanded to meet the requirements of joint Mekong River patrols and law enforcement missions for the new era.
More than 200 representatives from law enforcement departments and guests from all walks of life from China, Laos, Myanmar and Thailand participated in the handover ceremony.
The vessel No. 53108 will participate in the 148th joint patrol on the Mekong River.
The Mekong River, also known as the Lancang River in China, is an important waterway for cross-border transportation. Since December 2011, the four countries have been conducting joint river patrols.
New Chinese vessels commissioned for Mekong River joint patrol
