China's 2024 government work report clearly states that starting this year, it will issue ultra-long special treasury bonds for several consecutive years. Tian Xuan, associate dean of the PBS School of Finance at Tsinghua University, said that these ultra-long government bonds are not just for solving short-run problems but can stimulate economic growth in the long run. He also emphasized that the new quality productive forces need "patient capital," which the central government is key to providing.