<p>The 12th meeting of the Standing Committee of the 14th National People's Congress voted to approve the resolution of the Standing Committee of the National People's Congress on approving the &#34;State Council's proposal to review the increase of the local government debt limit to replace existing hidden debts.&#34;</p>

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<p>The 12th meeting of the Standing Committee of the 14th National People's Congress voted to approve the decision of the Standing Committee of the National People's Congress on approving the "Proposal of the State Council on Requesting Review to Increase the Quota for Local Government Debt to Replace Existing Hidden Debt."</p>

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