www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Inland govts' debt 'more risky'

By Zheng Yangpeng (China Daily) Updated: 2014-03-26 08:31

Inland govts' debt 'more risky'

Workers working at a government-supported affordable housing project in Gu'an, Hebei province. An audit found that at the end of June last year, local government debt stood at 17.89 trillion yuan ($2.9 trillion). Wang Xiao / Xinhua

The risk associated with the debt of some inland local governments is significantly higher than for their coastal counterparts, the chairman of Beijing-based Dagong Global Credit Rating Co Ltd said on Tuesday.

"With a much smaller fiscal revenue base, the risks of some inland local governments' debts are significantly higher than for coastal provinces," Dagong Chairman Guan Jianzhong said.

Dagong is a major domestic ratings firm that has provided credit ratings to many of China's local government

Inland govts' debt 'more risky'

Inland govts' debt 'more risky'

financial vehicles.

Although Chinese officials have often said that the overall risk associated with the nation's local government debt is "controllable", audit results point to major risks in some specific areas.

A survey conducted by the National Audit Office found that, as of June 30, 2013, local government debt and contingent liabilities had surged to about 17.89 trillion yuan ($2.9 trillion), a 67 percent rise from the previous estimate of 10.7 trillion yuan at the end of 2010.

At the end of January, provincial-level governments across the country released independent audit results, which offered a clue to how government debts are distributed geographically.

An analysis of these reports indicates stark divergences among these governments. Comparing total debt to comprehensive fiscal revenue, Beijing topped the list at 99.86 percent.

Next came three provincial-level governments in the southwest - Chongqing, Guizhou and Yunnan - all with ratios in excess of 80 percent.

Coastal provinces, such as Jiangsu and Guangdong, had the most debt in absolute terms, but their debt-revenue ratios were moderate. For example, Jiangsu province owed 1.48 trillion yuan - the most of any provincial-level government - but that only accounted for 60.34 percent of its fiscal revenue.

Inland govts' debt 'more risky'
Top 10 cities with best air quality in China

Inland govts' debt 'more risky'
China's top 10 richest cities

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 欧美成人一级视频 | 国产精品成人久久久 | 免费播放欧美毛片欧美a | 久久伊人免费视频 | 国产成人精品免费 | 日本一区深夜影院深a | 国内精品影院久久久久 | 精品国产免费第一区二区 | 欧美高清视频一区 | 久久久国产精品免费视频 | 成人合集大片bd高清在线观看 | 亚洲欧美韩国 | 京东一热本色道久久爱 | 视频一区免费 | 亚洲精品国产成人99久久 | 男女免费爽爽爽在线视频 | 一级毛片无毒不卡直接观看 | 欧美与黑人午夜性猛交久久久 | 欧美成人精品一区二区 | 成人精品一区久久久久 | jizzjizz成熟丰满舒服 | 五月激激激综合网色播免费 | 精品国产免费一区二区三区五区 | 国产短视频精品一区二区三区 | 91aaa免费免费国产在线观看 | 国产aⅴ一区二区三区 | 特级a欧美孕妇做爰片毛片 特级a欧美做爰片毛片 | 男人天堂欧美 | 91视频综合网 | 久久久久久青草大香综合精品 | 国产亚洲欧美ai在线看片 | 欧美一级毛片免费播放aa | 成人小视频在线观看 | 欧美一级做一a做片性视频 欧美一级做一级爱a做片性 | 美女张开双腿让男人桶视频免费 | 成人精品在线视频 | 国产免费一级在线观看 | 免费高清毛片在线播放视频 | 久久99九九99九九精品 | 亚洲欧美一区二区三区在线播放 | 男女男精品视频网站在线观看 |