On October 8, the Sichuan provincial government held a meeti...

On October 8, the Sichuan provincial government held a meeting that highlighted the need to prepare for upcoming nationwide policies, including the issuance of larger-scale ultra-long-term special government bonds and the early release of next year's central budget investment plan.

This development signals that China's fiscal policy will intensify its countercyclical adjustments, with a primary focus on issuing new special government bonds, according to sources cited by Reuters.