# China’s $119 billion policy financing tool opens project applications amid rollout concerns

https://mins.news/en/item/30690

- Reuters, 2026-08-24 15:01 UTC
- Economy
- Original: https://www.reuters.com/world/asia-pacific/chinas-119-billion-policy-financing-tool-begins-project-applications-faces-roll-2026-08-24/?link_source=ta_bluesky_link&taid=6a8c5cc78f08580001b65899

> China has begun accepting applications for an 800 billion yuan ($119 billion) policy-based financing tool intended for local government projects and to support slowing economic growth. A securities firm said delays in its subsequent rollout could curb its impact this year.