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RMB 1 Trillion in China Treasury Bonds to be Issued to Local Governments china-briefing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from china-briefing.com Daily Mail and Mail on Sunday newspapers.
Local govt debt 'uneven' but tolerable--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
MIL-OSI China: Local govt debt 'uneven' but tolerable foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
The Ministry of Finance has sharpened its focus on addressing local government debt risks, reassuring the market that there is ample scope for the country's finance system to counter challenges.
With businesses in China rebounding from the effects of the COVID-19 pandemic since the start of this year, the nation's economic growth has accelerated.
China's first-quarter fiscal revenue growth is likely to prove a solid foundation for overall economic recovery this year, better energize businesses and boost job creation, officials and experts said.
Jan-March Fiscal Revenue Signals Recovery Boost shanghaiist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaiist.com Daily Mail and Mail on Sunday newspapers.
Fiscal policies to back biz, consumption, digital economy, growth--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
Continued support for market players, in the form of local governments' optimized tax and fee cuts, mitigation of businesses' financial burdens and focus on the digital economy, shows that fiscal policy will continue to firmly support the healthy development of the market and rev up growth engines this year, experts said.
China will strengthen fiscal policy adjustment and optimize policy mix to walk the fine line between supporting growth and defusing systemic risks, and will step up fiscal expansion appropriately in 2023 to aid economic recovery, Finance Minister Liu Kun said.