On November 18th, the reporter learned from the Ministry of Finance on November 18th that after the Standing Committee of the National People's Congress approved the relevant bill on November 8th, the Ministry of Finance issued the debt limit of 6 trillion yuan to all localities on November 9th to guide and urge localities to step up the implementation of legal procedures, do a good job in issuance work, and properly arrange bond funds. At present, the Ministry of Finance is in accordance with t...
1. The Standing Committee of the National People's Congress deliberates on the proposal to increase the local government debt limit to replace the stock of implicit debt. 2. Middle finger court: In October, the total amount of bond financing of real estate enterprises reached 28.97 billion yuan, an increase of 3.2% year-on-year, and the financing interest rate fell to 2.98%. 3. China Securities Association: The over-the-counter bond investment repurchase transaction deviates from the comparison ...
On October 12, Finance Minister Lan Foan said at a press conference of the State Council Information Office that the Ministry of Finance will increase the debt limit on a large scale to support local governments in resolving hidden debts, and local governments can free up more energy and financial space to promote development.
On October 12, Minister of Finance Lan Foan said at a press conference of the State Information Office on October 12 that he plans to increase the debt limit on a large scale at one time, replace the local government's stock of hidden debts, and increase efforts to support local governments to resolve debt risks. The relevant policies will be explained in detail to the society after the relevant legal procedures are performed. This policy is the largest measure to support debt in recent years. T...