多省公开5000亿增量债务所获额度,江苏目前最多
Di Yi Cai Jing·2025-12-10 04:31

Group 1 - The central government has allowed local governments to issue an additional 500 billion yuan in bonds in the fourth quarter to stabilize the economy and mitigate risks [1][2] - As of December 10, at least 18 provinces and municipalities have adjusted their budgets in response to the allocation of the 500 billion yuan debt limit, which has led to increased debt income and expenditures [1][2] - The distribution of the 500 billion yuan debt limit has been clarified, with Jiangsu, Zhejiang, Sichuan, and others receiving significant portions, indicating a focus on major project funding [1][3] Group 2 - The total balance of local government bonds in China was approximately 54 trillion yuan as of the end of October, with a debt limit of 57.9 trillion yuan approved by the National People's Congress [2] - The 500 billion yuan allocation includes 300 billion yuan for enhancing local government financial capacity and 200 billion yuan for supporting project construction in major economic provinces [3][5] - Local governments have begun to issue bonds aggressively, with over 1 trillion yuan issued from November to December 10, indicating a strong push for funding [3][4] Group 3 - Adjustments in local budgets have been made to accommodate increased bond issuance, with Jiangsu adjusting its public budget expenditures significantly [4] - Experts suggest that the rapid issuance of the 500 billion yuan debt limit and new policy financial tools will alleviate local fiscal pressures and promote effective investment [5]