Local Governments Release Debt Figures

(Beijing) -- Eight provincial governments have publicly released debt figures as of August 15, among which Hainan Province registered the highest debt ratio at 93.18 percent.

Only Shandong and Guangxi Provinces reported a lower than average debt ratio at 52.25 percent, according to official data. Eight municipal and provincial level governments including Hainan, Jilin, Chongqing, Beijing, Ningxia, Guangxi, Shandong and Henan publicly released debt figures and governmental budgets for 2010.