On November 26, data released by the Ministry of Finance showed that after the Standing Committee of the National People's Congress approved an increase of 6 trillion yuan in local government debt limits, the additional local government special debt limit was increased from 3.9 trillion yuan to 9.9 trillion yuan in 2024, and the local government special debt limit was adjusted to 3.55 billion yuan at the end of 2024.

Zhitongcaijing · 11/26 12:09
On November 26, data released by the Ministry of Finance showed that after the Standing Committee of the National People's Congress approved an increase of 6 trillion yuan in local government debt limits, the additional local government special debt limit was increased from 3.9 trillion yuan to 9.9 trillion yuan in 2024, and the local government special debt limit was adjusted to 3.55 billion yuan at the end of 2024.