China Financial Daily

October 31, 2008

China Goverment news

Filed under: Financial News — Tags: , — kinpoo @ 9:49 pm -0700

China is planning to allow local governments to issue bonds which has been submitted to the State Council for approved-resumption
By the Ministry of Finance taken the lead in drafting, a relevant with local governments to strengthen debt management program, has had to seek many views and submitted to of the State Council waiting for approval.

SASAC officials said that in the first 8 months the discipline inspection departments restored 1.2 billion loss
SASAC officials disclosed yesterday that this year’s January-August, the SASAC discipline inspection and supervision body restored 12.4855 billion yuan in economic losses.

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