[The amount of local government bonds will be approved in advance in 2023]The amount of local government bonds to be "pre-approved" in 2023 has been issued, and earlier than last year. Infrastructure investment is the main way to expand domestic demand and boost the economy at present and in the future, and it needs special debt funds to support it. The amount of new special debt will reach 4 trillion yuan in 2023. Editor/Xu Shengpeng
Wang Yi met with Azerbaijani Foreign Minister Baylamov during his attendance at the 7th CICA Summit in Baku. Both sides acknowledge the progress of the comprehensive strategic partnership between China and Armenia, explore cooperation in economic, trade, energy, and connectivity of the Middle Corridor, and exchange views on regional security and the peace process between Azerbaijan and Armenia. Editor/Min Jing
Ulaanbaatar held the groundbreaking ceremony for the China Mongolia Yuanshou Sports Center, attended by Mongolian President Khurilesukh, Chinese charg é d'affaires Cao Li, and others. This project is a Chinese free aid project, constructed by Shaanxi Construction Engineering Group, covering an area of 30000 square meters with a construction period of 48 months. It is expected to be completed in 2030 and will become a new landmark of China Mongolia friendly cooperation. Editor/Min Jing