{"id":575207,"date":"2026-05-09T19:04:10","date_gmt":"2026-05-09T19:04:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/575207\/"},"modified":"2026-05-09T19:04:10","modified_gmt":"2026-05-09T19:04:10","slug":"china-vows-to-advance-efforts-to-defuse-local-government-debt","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/575207\/","title":{"rendered":"China Vows to Advance Efforts to Defuse Local Government Debt"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">China pledged to step up efforts to defuse local government debt risk while supporting growth, as the State Council called for stronger policy execution in a challenging global environment.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">Authorities will continue to roll out a comprehensive debt restructuring program that has already produced \u201cclear results,\u201d while boosting local governments\u2019 capacity to service debt and ensuring debt obligations are resolved on schedule, China Central Television <a href=\"https:\/\/content-static.cctvnews.cctv.com\/snow-book\/video.html?item_id=5236824900794306842&amp;t=1778325455490&amp;toc_style_id=video_default&amp;track_id=5F73D208-7FC9-4287-AA2C-BB2691B00777_800018711866&amp;share_to=copy_url\" title=\"Link\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">reported<\/a>, citing a cabinet meeting chaired by Premier Li Qiang.<\/p>\n","protected":false},"excerpt":{"rendered":"China pledged to step up efforts to defuse local government debt risk while supporting growth, as the State&hellip;\n","protected":false},"author":2,"featured_media":575208,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,891,39865,460,1294,1397,80,464,5290,467,305,56,54,55,12556],"class_list":["post-575207","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-china","tag-china-central-television","tag-debt","tag-economy","tag-environment","tag-government","tag-infrastructure","tag-logistics","tag-markets","tag-policy","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-utilities"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/575207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=575207"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/575207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/575208"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=575207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=575207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=575207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}