SOURCE / ECONOMY
China issues six new Belt and Road bonds by November
Published: Jan 12, 2020 07:26 AM

Aerial photo taken on April 12, 2019 shows the Lotus Tower, built under the Belt and Road Initiative, in Colombo, Sri Lanka. (Xinhua/Guo Lei)


China's securities regulator said Friday the country has strengthened the financial support for the Belt and Road Initiative in 2019.

Six new Belt and Road bonds had been issued via the exchanges by the end of November 2019, raising 6.7 billion yuan (about 996 million U.S. dollars), according to the China Securities Regulatory Commission.

China will further open the futures market and bonds market based on the measures on opening up China's capital market announced in June 2019.

The capability of supervision and risk prevention will be further improved as China opens up the market, said the regulator.