Debt rescue responsibilities of local governments in China 2013, by type of debtor

Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by type of debtor

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Release date

December 2013

Region

China

Survey time period

as of June 30, 2013

Supplementary notes

* 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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