The graph shows possible debt rescue responsibilities of local governments in China as of June 30, 2013, by type of debtor. At that time, possible future responsibilites of investment platforms amounted to about two trillion yuan.
Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by type of debtor
(in trillion yuan)
Characteristic
Possible debt rescue responsibilities in trillion yuan
* The term unit in this context is a remnant from socialist terminology, formerly describing working units as an entity of the plan economy. In the current economic setting, it is mostly used to describe public organisations or departments.
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).
Figures have been rounded to provide better understanding of the statistic.
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National Audit Office China. (December 30, 2013). Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by type of debtor (in trillion yuan) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/286671/china-local-governments-debt-rescue-responsibilities-by-type-of-debtor/
National Audit Office China. "Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by type of debtor (in trillion yuan)." Chart. December 30, 2013. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/286671/china-local-governments-debt-rescue-responsibilities-by-type-of-debtor/
National Audit Office China. (2013). Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by type of debtor (in trillion yuan). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/286671/china-local-governments-debt-rescue-responsibilities-by-type-of-debtor/
National Audit Office China. "Possible Debt Rescue Responsibilities of Local Governments in China as of June 30, 2013, by Type of Debtor (in Trillion Yuan)." Statista, Statista Inc., 30 Dec 2013, https://www.statista.com/statistics/286671/china-local-governments-debt-rescue-responsibilities-by-type-of-debtor/
National Audit Office China, Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by type of debtor (in trillion yuan) Statista, https://www.statista.com/statistics/286671/china-local-governments-debt-rescue-responsibilities-by-type-of-debtor/ (last visited December 21, 2024)
Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by type of debtor (in trillion yuan) [Graph], National Audit Office China, December 30, 2013. [Online]. Available: https://www.statista.com/statistics/286671/china-local-governments-debt-rescue-responsibilities-by-type-of-debtor/
