As many provinces have received annual loan amounts issued by the Ministry of Finance, various regions have adjusted their budgets in accordance with the law to increase this year's loan amount expansion expenses. Meanwhile, the Ministry of Finance also requires all regions to speed up the issuance and use of local government special bonds, thereby stabilizing investment and stabilizing the economy. Sorting through revealed that as of June 10, at least 10 provinces, including Guangdong, Zhejiang, Sichuan, Gansu, Fujian, Hebei, Hunan, Shaanxi, Shanxi, Guangxi, Ningxia, Tianjin, and Chongqing, had adjusted their local budgets. One of the main issues was due to receiving additional local debt limits for 2025 issued by the Ministry of Finance, which enabled all regions to increase their borrowing amounts, increase corresponding revenue, and expand spending. This also provides more support for steady growth and structural adjustment in various regions.

Zhitongcaijing · 06/10 13:49
As many provinces have received annual loan amounts issued by the Ministry of Finance, various regions have adjusted their budgets in accordance with the law to increase this year's loan amount expansion expenses. Meanwhile, the Ministry of Finance also requires all regions to speed up the issuance and use of local government special bonds, thereby stabilizing investment and stabilizing the economy. Sorting through revealed that as of June 10, at least 10 provinces, including Guangdong, Zhejiang, Sichuan, Gansu, Fujian, Hebei, Hunan, Shaanxi, Shanxi, Guangxi, Ningxia, Tianjin, and Chongqing, had adjusted their local budgets. One of the main issues was due to receiving additional local debt limits for 2025 issued by the Ministry of Finance, which enabled all regions to increase their borrowing amounts, increase corresponding revenue, and expand spending. This also provides more support for steady growth and structural adjustment in various regions.