New special bonds to fund infra flurry

China is stepping up its infrastructure efforts, which are boosted by the nation's bond issuance efforts, such as the release of new special bonds and launch of ultra-long-term special national bonds, experts said.

This move aims to provide ample financial backing for the country's infrastructure investments, ensuring a stable growth rate and sound macroeconomic operations, they added.

"The faster pace of bond issuances indicates increased funding demand for construction projects and offers strong support for economic stability. It helps maintain the positive growth momentum seen in the first quarter and ensures the continuity and stability of economic growth," said Long Chaocan, an investment consultant with China Galaxy Securities Co Ltd.