PANews
PANews|Sep 06, 2026 11:33
[The Chinese Ministry of Finance to Issue Special Government Bonds to Support Capital Supplementation for Eight Central Financial Enterprises] According to Xinhua News Agency, the Chinese Ministry of Finance will issue special government bonds to support capital supplementation for eight central financial enterprises. The Ministry of Finance will issue 300 billion yuan in special government bonds in the near future to support the supplementation of core Tier 1 capital for these eight central financial enterprises. On the same day, Industrial and Commercial Bank of China, Agricultural Bank of China, Export-Import Bank of China, China Export & Credit Insurance Corporation, People's Insurance Company of China, China Life Insurance Group, China Taiping, and China Reinsurance each announced their capital increase plans. Industry insiders stated that this capital increase by the Ministry of Finance for the eight central financial enterprises is a forward-looking arrangement to "prepare for a rainy day." It is a proactive measure to support the high-quality development of central financial enterprises and to contribute to the stable and long-term growth of the macroeconomy.
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