Fiscal Policy Progress - The general public budget expenditure target for 2025 is set at 29.7 trillion yuan, with 9.358 trillion yuan spent by April, achieving 31.5% of the annual target[1] - The deficit target for 2025 is 5.66 trillion yuan, with 1.2965 trillion yuan utilized by April, resulting in a usage progress of 22.9%[1] - Considering fund transfers and budget carryovers, the deficit usage progress stands at 16.8%[1] National Debt Issuance - The national debt balance for 2024 is 34.572 trillion yuan, with a limit of 35.2008 trillion yuan, leaving a remaining quota of 628.473 billion yuan[2] - As of June 15, the net financing amount for national debt reached 2.2001 trillion yuan, achieving 40.1% of the limit[2] - The issuance of special national bonds for 2025 is complete at 500 billion yuan, with a completion rate of 100%[2] Local Government Bonds - The balance of local government general bonds for 2024 is 16.7013 trillion yuan, with a limit of 17.2689 trillion yuan, leaving a remaining quota of 567.645 billion yuan[3] - By June 15, the net financing for local government general bonds reached 392.16 billion yuan, achieving 28.7% of the limit[3] - The completion rate for local government special bonds is 37.5%, with a remaining quota of 27.52065 trillion yuan[4]