Local self-bond "ice" is of great significance

Recently, the Ministry of Finance notification, Shanghai, Zhejiang, Guangdong, Shenzhen, local governments are authorized to issue bonds on their own pilot. We believe that the Ministry of Finance from 2009 to the recent local government bonds on behalf of the Ministry of Finance to allow some local governments to issue bonds on their own, this initiative not only in the current economic weakness dragged down the debt pressure over the case, ...Local self-bond "ice" is of great significance