The graph shows local and central government guarantee liabilities in China as of December 2012 and as of June 2013. By the end of 2012, the Chinese central government had issued guarantees amounting to 280 billion yuan.
Government guarantee liabilities in China as of December 2013 and as of June 2013, by government level
(in trillion yuan)
The title of the report has been translated from Chinese.
According to the source, the audit was conducted by about 54,400 auditors in August and September, 2013. The central government, as well as 31 provinces, five directly governed cities, 391 cities, 2,778 towns and 33,091 villages were audited.
Note: 1 yuan equals approximately 0.16 U.S. dollars and 0.12 euros (as of February 2014).
A guarantee ensures the coverage of a liability of a debtor.
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National Audit Office China. (December 30, 2013). Government guarantee liabilities in China as of December 2013 and as of June 2013, by government level (in trillion yuan) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/286490/government-guarantee-liabilities-in-china-by-government-level/
National Audit Office China. "Government guarantee liabilities in China as of December 2013 and as of June 2013, by government level (in trillion yuan)." Chart. December 30, 2013. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/286490/government-guarantee-liabilities-in-china-by-government-level/
National Audit Office China. (2013). Government guarantee liabilities in China as of December 2013 and as of June 2013, by government level (in trillion yuan). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/286490/government-guarantee-liabilities-in-china-by-government-level/
National Audit Office China. "Government Guarantee Liabilities in China as of December 2013 and as of June 2013, by Government Level (in Trillion Yuan)." Statista, Statista Inc., 30 Dec 2013, https://www.statista.com/statistics/286490/government-guarantee-liabilities-in-china-by-government-level/
National Audit Office China, Government guarantee liabilities in China as of December 2013 and as of June 2013, by government level (in trillion yuan) Statista, https://www.statista.com/statistics/286490/government-guarantee-liabilities-in-china-by-government-level/ (last visited December 21, 2024)
Government guarantee liabilities in China as of December 2013 and as of June 2013, by government level (in trillion yuan) [Graph], National Audit Office China, December 30, 2013. [Online]. Available: https://www.statista.com/statistics/286490/government-guarantee-liabilities-in-china-by-government-level/
