Biz
China orders local governments to ensure repayment
2010-Jun-14 10:31:23
China ordered local governments to ensure repayment of debts by their financing units and concentrate on completing projects already under way.
Financing units that fund only public projects and rely on fiscal income to repay debt should stop spending, the State Council said in a statement on its website on June 13.
Fiscal stimulus started by the central government in 2008 led to a surge in spending by local authorities. Their total borrowing, mostly via financing vehicles, now amounts to roughly $900 billion, $150 billion more than a year earlier and equivalent to almost 20 percent of gross domestic product, Fan Gang, former adviser to the People's Bank of China wrote on June 2 in China Daily.
Local financing vehicles have "played an active role in infrastructure construction and in tackling the international financial crisis," the State Council statement said. "Yet, it led to an expanding scale of debts and irregularities."
Financial institutions should stop lending to local- government financing units without "stable" cash flows and should meet government's capital requirements, it said.
[Jump to ]
Nation | Biz | Comment | World | Celebrity | Odds | Sports | Travel | Health
m.chinadaily.com.cn
To subscribe to China Daily, call 010-64918763 or email to circu@chinadaily.com.cn
主站蜘蛛池模板：
不卡一区二区在线观看
|
国产精选91热在线观看
|
日本一级在线观看
|
真正国产乱子伦高清对白
|
欧美成人三级网站
|
91看片淫黄大片.在线天堂
|
无毒在线
|
精品国产成人a区在线观看
精品国产成人a在线观看
|
久久精品国产精品青草
|
国产精品亚洲精品爽爽
|
精品久久久久久久九九九精品
|
国产成人在线网址
|
香蕉超级碰碰碰97视频在线观看
|
99久99久6久热在线播放
|
yy毛片
|
欧美一级特黄一片免费
|
成人中文字幕在线观看
|
视频久久精品
|
六月丁香久久丫
|
男女男在线精品网站免费观看
|
一本久道久久综合中文字幕
|
日韩黄色在线
|
国产一级内谢a级高清毛片
国产一级片毛片
|
欧美日韩在线看
|
免费国产a国产片高清不卡
免费国产不卡午夜福在线
免费国产不卡午夜福在线观看
|
91成人啪国产啪永久地址
|
手机在线观看毛片
|
欧美a级完整在线观看
|
福利国产视频
|
欧美2区|
操欧美女
|
在线观看免费av网
|
真实偷清晰对白在线视频
|
久久99精品视频
|
国产美女精品视频
|
又黄又免费
|
www中文字幕|
午夜三级理论在线观看视频
|
国产91第一页
|
色综合日韩|
国产乱码精品一区二区三上
|