So foreign holdings of local currency bonds are near record lows, ditto for stocks.

因此，外国持有的本币债券接近历史低点，股票也是如此。

We will make effective use of local government bonds.

今年拟安排地方政府专项债券2。15万亿元，比去年增加8000亿元，为重点项目建设提供资金支持，也为更好防范化解地方政府债务风险创造条件。

Efforts will also be strengthened to make good use of local government special bonds, support in-advance infrastructure investments, and improve the structure of income distribution, the statement said.

合理安排地方政府专项债券，适度超前开展基础设施投资，优化收入分配结构。