Core Viewpoint - The article discusses the efforts of Shaanxi Province in China to address the issue of hidden local government debt, highlighting the shift in strategy towards targeted debt clearance in specific cities and counties, which aims to create a sustainable economic foundation for local development [1][6]. Group 1: Debt Clearance Strategy - Shaanxi Province has transitioned from a broad "zeroing" approach to focusing on specific cities and counties to achieve hidden debt clearance, reflecting a more targeted and operational strategy [1][6]. - The county-level practices, such as those in Qishan County, demonstrate effective debt clearance plans, with significant progress expected by mid-2025 through bond funding and other measures [3][5]. Group 2: Challenges and Controversies - In Han City, issues persist regarding the clearance of debts owed to private enterprises, with allegations of unpaid debts and mismanagement of funds, raising concerns about the execution of debt clearance policies [3][4]. - The Han City Investment Group has been accused of failing to honor debt agreements, leading to ongoing disputes and legal challenges, which highlight the disconnect between policy implementation and local financial realities [4][9]. Group 3: Comprehensive Measures - Shaanxi Province is employing a multi-faceted approach to achieve debt clearance, including debt replacement through special government bonds to alleviate interest burdens and optimize debt structures [5][6]. - A classification mechanism for handling different types of debts has been established, allowing for tailored solutions that balance interests and improve efficiency in debt resolution [5][6]. - The province is also pushing for the market-oriented transformation of financing platform companies to prevent the accumulation of new hidden debts, which is crucial for sustainable economic development [5][6].
陕西试点隐性债清零,韩城市缘何被点名化债不力
Sou Hu Cai Jing·2025-12-08 15:05