Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Data

China's local governments issue debt of 4.36 trillion yuan in 2017

January 18, 2018


Abstract : China's local governments raised 4.36 trillion yuan (680 billion U.S. dollars) through debt issuance in 2017, official data showed Wednesday.

BEIJING, Jan. 17 (Xinhua) -- China's local governments raised 4.36 trillion yuan (680 billion U.S. dollars) through debt issuance in 2017, official data showed Wednesday.

Local government debt balance stood at 16.47 trillion yuan by the end of 2017, below the government-targeted ceiling of 18.82 trillion yuan, data released by the Ministry of Finance (MOF) showed.

New debt issuance stood at 1.59 trillion yuan while that issued through the debt-for-bond swap program reached 2.77 trillion yuan, according to the MOF. Enditem

Scan the QR code and push it to your mobile phone

Keyword: China local government debt

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial