2021年9月23日

Feng Qiaobin: In 2021, we should focus on clearing up the local government debt problem

The higher-than-expected amount of government funds and the regular mechanism for direct access of funds will ensure that community-level government finances are protected, protected, and protected, and create conditions for local governments to clear up their debt problems. If the fiscal and tax systems remain unchanged, the growth rate of fiscal revenue may be lower than that of GDP, while the growth rate of expenditure may be higher than that of GDP during the 14th Five-Year Plan period

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