These bond issues are typically used to fund education, roads or other public service projects. (investopedia.com)
The CPC also announced a massive public services project in hopes of fostering more real economic growth. (benzinga.com)
For instance, in Shanghai's Minhang and Hongkou districts, there is an annual allocation of 10 million yuan (~ 1.63 million USD) towards the purchase of public service projects. (blog.politics.ox.ac.uk)