11 February 2020 – Increased local government debt limit

Intervention Categories: Finance policy and financial aid; Monetary and macro-financial policy
Level of Jurisdiction: National

Overview: The Ministry of Finance issued a new local government debt limit of ¥1,848 billion.

The increase is intended to allow local governments to do a better job of issuing and using special bonds to stimulate the economy.
Full details here: http://yss.mof.gov.cn/gongzuodongtai/202002/t20200211_3468495.htm