The policy of Kuomintang Government to receive and sort local bonds

The policy of the Kuomintang Government to receive and sort local bonds in 1941, made the local bonds end in modern China. In a specific period of the Anti-Japanese War, it further strengthened the central financial power, adapted to the needs of national finance. It was in favor of fighting for victory of the Anti-Japanese War, but also conducive to the maintenance of debt credit of government.