6 trillion yuan! The Standing Committee of the National People's Congress has approved the largest debt issuance measures in recent years

Jin10 Data reported on November 8th that the 12th meeting of the Standing Committee of the 14th National People's Congress reviewed and approved the largest debt reduction measure in recent years today (8th): increasing the local government debt limit by 6 trillion yuan to replace existing hidden debts, providing local governments with more space to better develop the economy and ensure people's livelihoods