Bond issuance "sole legal way" for China local gov'ts to raise debt: minister

Source: Xinhua| 2018-03-07 10:23:27|Editor: Xiang Bo
Video PlayerClose

(TWO SESSIONS)CHINA-BEIJING-NPC-PRESS CONFERENCE-FINANCE (CN)

Chinese Finance Minister Xiao Jie answers questions at a press conference on reform of fiscal and taxation system and financial work during the first session of the 13th National People's Congress in Beijing, capital of China, March 7, 2018. (Xinhua/Shen Hong)

BEIJING, March 7 (Xinhua) -- China has made bond issuance the sole legal way for local governments to raise debt amid nation's efforts to forestall systemic financial crisis, according to the financial minister on Wednesday.

All other means to raise debt are considered illegal and will face punishment, Xiao Jie told a press conference on the sidelines of the annual session of the National People's Congress, China's national legislature.

Local government special bonds will total 1.35 trillion yuan (about 213 billion U.S. dollars) this year, 550 billion yuan more than last year, said Xiao.

010020070750000000000000011100001370216071
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
思思99re6国产在线播放 | 久久精品福利中文字幕 | 日本美女高潮视频免费 | 婷婷综合缴情亚洲狠狠无遮挡 | 午夜福利日本一区国产 | 亚洲免费AV在线 |