国债受底层项目成熟度影响较大；新增专项债发行进度受提前批额度、项目清单下达时间影响，在发行后2个月内完成40%以上的实际支出可能属于较快水平

城投转型是否是伪命题？城投公司转型过程中遇到哪些困难？期待中央出台何种支持政策？

当前财政形势已发生重大变化：一是财政收入“两个比重”下滑现象有所突出，二是现有分税制对于政府间的财政分配功能转弱，控债务与稳增长是重点关切

地方财政困境叠加趋利性执法，“远洋捕捞”式办案引发关注。学者、律师呼吁加大财税法治化程度，明确案件管辖制度，把罚没收入收归中央财政

贵州省官方表示，将对该案进行全面审查，严格依法办理，维护司法公正。作为纠纷当事方，六盘水市水城区此前对案情作出回应，但通报内容与媒体报道相去甚远。有关当地政府“以刑化债”的讨论热度不减

• Despite better fiscal revenue in 2023 with most provinces seeing over 7% growth, challenges like insufficient demand and weak expectations hinder economic recovery, necessitating continued support for "three guarantees" (basic livelihoods, wages, and operational costs) and local debt risk resolution.
• Provinces are optimizing expenditure structures by controlling general expenses, focusing on major projects while suspending non-essential ones, and innovating financial support methods to prioritize livelihood expenditures which account for at least 70-80% of fiscal spending in many regions.
• To address financial pressures and ensure sustainable growth, some suggest central government should take more responsibility through increased national bond issuance. Meanwhile, local governments are encouraged to practice frugality by reducing unnecessary expenditures and enhancing state-owned capital budget reforms to increase revenue contributions.

【本文系数据通用户提前专享】2024年财政运行压力不减，优化支出结构势在必行，地方财政如何开源节流，兼顾保障重点支出、稳增长和防风险？

2024年财政运行压力不减，优化支出结构势在必行，地方财政如何开源节流，兼顾保障重点支出、稳增长和防风险？

官方指其大搞劳民伤财的“政绩工程”，肆意违规举债融资；主政六盘水三年多，为升官搞“大动静”，当地新增债务达1500亿余元，从2013年到2017年债务增长率超300%

让干部早7点跑操、政府债务膨胀至195倍、打麻将赢几百万元

• China's higher education institutions may see a new wave of dormitory construction due to the issuance of "Guidance on Strengthening the Construction of University Student Dormitories" by seven departments including the National Development and Reform Commission and the Ministry of Education.
• The guidance aims to address the shortage and poor conditions of student housing, linking enrollment plans with dormitory space, and encouraging diverse funding mechanisms, including local government special bonds.
• Concerns include adapting to fluctuations in student populations, financial pressures on universities for loan repayment, and potential conflicts between maintaining public welfare in education and adopting more market-oriented approaches.

【本文系数据通用户提前专享】低学费、低住宿费模式和各级财政普遍紧张环境下，填补高校宿舍缺口如何摆脱路径依赖？

低学费、低住宿费模式和各级财政普遍紧张环境下，填补高校宿舍缺口如何摆脱路径依赖？

钟自然被查，姜杰、肖星、王用生、陈继兴、唐双宁、徐文荣等六人被“批发式”党纪政务处分并移送司法，谢计来领刑

主政六盘水三年多，当地新增债务达1500亿余元，从2013年到2017年债务增长率超300%

随着房地产周期和债务周期进入调整阶段，财政政策和货币政策相互之间的争论越发增多

• In the first year after the COVID-19 pandemic, China has been focusing on stabilizing growth and preventing risks, with ongoing efforts to address local government debt issues. The Central Political Bureau proposed a comprehensive debt resolution plan in July 2023, which has seen varied progress across regions.
• Financial institutions are cautious about taking over existing financial debts from financing platforms due to stringent requirements for project cash flow and underlying assets. While some regions have made progress with special refinancing bonds replacing hidden debts, overall financial debt resolution is slow, with few cases reported nationwide.
• Local governments and financing platforms were surprised by the swift implementation of policies controlling new platform debts. Since October, new loans and bond issuances have tightened significantly. This has led to increased default pressure as traditional revenue sources like land sales decline sharply, raising concerns about whether this will lead to more covert financing or further economic tightening.

【本文系数据通用户提前专享】地方财力断崖式下跌的局势下，化债启动后的增量融资渠道收紧，部分地区的平台陷入无力偿付利息的困境

地方财力断崖式下跌的局势下，化债启动后的增量融资渠道收紧，部分地区的平台陷入无力偿付利息的困境

【本文系数据通用户提前专享】PPP模式推广近十年，各类乱象难以杜绝，此番在防范地方债务风险的背景下易辙为特许经营