News list for " the 12th meeting of the Standing Committee of the National People's Congress"

NPC Standing Committee Approves Increasing Local Government Debt Limit by 6 trillion Yuan

The 12th meeting of the Standing Committee of the 14th National People's Congress today (8th) deliberated and approved the most vigorous debt reduction measures in recent years: increasing the local government debt limit by 6 trillion yuan to replace the stock of hidden debt, making room for local governments to better develop the economy and protect people's livelihood.

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2024-11-08 08:14:26
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