This year's Government Work Report proposed that from this year on, it is planned to issue ultra long term special treasury bond for several consecutive years, which will be used specifically for the implementation of major national strategies and the construction of security capacity in key areas. This year, 1 trillion yuan will be issued first. The General Office of the Ministry of Finance recently issued a notice specifying the arrangements for the issuance of ultra long term special treasury bond in 2024. According to the notice, the term of the proposed issuance of ultra long term special treasury bond this year is 20 years, 30 years and 50 years respectively. (Lai Xin She)