Shandong's direct capital expenditure exceeded 80%

By November 3, a total of 55.99 billion yuan had been spent on provincial direct funds, and the expenditure progress was 84.6 percent, 16.1 percentage points faster than the schedule and 13.7 percentage points faster than the national average. Of this mount, 7.3 percent has been spent on special government bonds to fight the epidemic, 94 percent on special transfer payments, 92.4 percent on normal transfer payments and 94.7 percent on general bonds. Of the 16 cities of Shandong province, 12 have exceeded 90 percent of their expenditure progress, with Yantai, the faster city, reaching 97.7 percent.