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China to issue 6 billion yuan in sovereign bonds in Macao_我的网站

一 |     (ECNS) -- The Chinese central government will issue RMB 6 billion (about $836.3 million) worth of sovereign bonds in Macao on August 20, China's Ministry of Finance and the Government of the Macao Special Administrative Region jointly announced on Monday.    According to the announcement, the bond issuance will feature a more diversified maturity structure, helping further improve the regular issuance mechanism and providing investors with more secure and stable yuan-denominated investment options.    The issuance is also expected to optimize the ecosystem of Macao's bond market and promote greater connectivity between Macao, the Chinese mainland and international financial markets.                                。    Beijing, Oct 22 (UNI) Chinese former leader Hu Jintao has been left out of the closing ceremony of the Communist Party Congress, media reports said.

The frail-looking 79-year-old was sitting beside President Xi Jinping when he was approached and led away by officials. No explanation was given.

After its week-long congress, the party is expected to confirm Mr Xi, 69, for a historic third term, according to BBC reports.

The event, held in Beijing every five years, cemented his position as China's most powerful leader since Mao Zedong.

Hu Jintao, who held the presidency between 2003 and 2013, was on stage when two officials approached him. He said something to Xi Jinping, who nodded back.

Then Hu Jintao was escorted out of the Great Hall of the People.

Hu Jintao represents a very different China to that of Xi Jinping. He ran a much more collective leadership and had to balance various factions represented on the Politburo Standing Committee.

As general secretary of the Party, Xi has taken the country in a very different direction with him at the "core" and unable to be challenged.

The new Central Committee does not include Li Keqiang or Wang Yang, both seen as economic liberals, both linked to the ideas of the former administration.

Earlier on Saturday, the Central Committee of 205 senior party officials was elected. Delegates rubber-stamped amendments to the party's constitution endorsing Mr Xi's ideas as guiding principles for China's future.

Mr Xi currently combines the positions of general secretary of the Communist Party, president and head of the armed forces. He is also referred to as Paramount or Supreme leader.

On Sunday he is expected to be officially confirmed for a third term as general secretary and to unveil his new leadership team.

In 2018, he abolished the presidential two-term limit, paving the way for him to rule indefinitely.

UNI GNK SY SHK1744。

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