China will accelerate the allocation of CNY755 billion (USD110.6 billion) in central government investment funds and CNY1 trillion (USD147 billion) in ultra-long special treasury bonds this year, with most of the funds expected to be in place by the end of June, Wang Changlin, deputy head of the National Development and Reform Commission, said today. The country will also speed up the roll-out of new types of policy-backed financial instruments worth CNY800 billion.