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Tighter Regulation on Metro Projects to Remodel Local Debt Financing

Tighter Regulation on Metro Projects to Remodel Local Debt Financing
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摘要 The Chinese Government has put forward specifi c requirements for the fi scal revenue and GDP of the cities that are applying for metro construction so as to further strengthen the management of urban rail transit,according to a guideline published by the State Council,China’s cabinet,on July 13.The guideline stipulates that the general public budget revenue of a city that applies for metro construction should be at least 30 billion yuan($4.43 billion),or The Chinese Government has put forward specifi c requirements for the fi scal revenue and GDP of the cities that are applying for metro construction so as to further strengthen the management of urban rail transit,according to a guideline published by the State Council,China’s cabinet,on July 13
作者 Li Yujia
出处 《Beijing Review》 2018年第31期40-40,共1页 北京周报(英文版)
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