To prevent "drumming and spreading flowers", Hunan requires strict control of debt risks: how much financial resources are needed to accomplish many major tasks, drumming and spreading flowers | mechanisms | government debt risks | persistence | debt | risks | problems | government

Release time:Apr 13, 2024 21:02 PM

According to the Hunan Daily, during the special training class of the Provincial Party Committee and Provincial Government on June 6th, Shen Xiaoming, the Secretary of the Provincial Party Committee, demanded that when discussing the issue of debt risk, we must never eat too much food and overdraw the future, and resolutely prevent "drumming to spread flowers".

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He emphasized the need to effectively shoulder the major political responsibility of preventing and resolving government debt risks, identify the root causes of problems from the perspective of development and political achievements, and face the problems politically and promote rectification. Proactively adapt to changes in the supply-demand contradiction of economic development, effectively establish new development concepts, and accelerate the transformation of development modes; We must adhere to doing our best and act within our capabilities, and never overestimate the future by spending too much money on tasks we have; Clarify the boundary between the government and the market, resolutely divest platform companies of their government financing functions, and strictly investigate and punish illegal borrowing, disguised fundraising, and other behaviors; Adhere to the principle of "new officials managing old accounts", curb increment and transform existing resources, resolutely prevent "drumming and spreading flowers", and avoid the spread and transmission of risks; Strengthen the idea of "living a tight life", strengthen the hard budget constraints of the government, and spend every penny on the cutting edge.


To prevent "drumming and spreading flowers", Hunan requires strict control of debt risks: how much financial resources are needed to accomplish many major tasks, drumming and spreading flowers | mechanisms | government debt risks | persistence | debt | risks | problems | government

Zhang Yijiong, the leader of the 10th Central Guidance Group, pointed out that special rectification measures should be carried out to address issues such as violating objective laws, engaging in "half hearted projects", "image projects", "face saving projects", and statistical fraud through borrowing. We should follow the example of each case and promote coordinated efforts from top to bottom. We should formulate improvement measures in policy guidance, supervision and supervision, plugging loopholes, and improving mechanisms, and ensure the implementation of rectification measures.

In terms of preventing and resolving government debt risks, Liu Wenjie, Secretary of the Party Group and Director of the Department of Finance of Hunan Province, wrote an article in May this year introducing that the financial system adheres to coordinated development and security, with a sense of responsibility of "always feeling at ease", and consistently strengthens government debt risk prevention and control. It is necessary to borrow appropriately, use debt effectively, repay debt actively, and manage debt in a legal manner to ensure that maturing debts do not default, risk areas do not explode, and public opinion events do not occur. Improve the normalized monitoring mechanism and never allow new projects or stalls to be established through the addition of implicit debt. Establish departmental collaboration and linkage mechanisms, and take multiple measures to promote the return of debt burden to a reasonable range. Strengthen the corporate governance of local government financing platforms and promote classified transformation and development. Grasp the relationship between government debt and people's livelihood security, comprehensively investigate and sort out "half hearted" projects, properly solve problems, and strive to win the trust of the people.

Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case
Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case

According to Hong Kong's Wen Wei Po, a bloody knife stabbing case occurred at Hollywood Square in Diamond Hill last Friday. The police arrested a 39 year old man on suspicion of stabbing two young women, one of whom was stabbed over 30 times. The suspect appeared in the Kwun Tong Magistrates Court this morning. The police at the Kwun Tong Magistrate's Court temporarily charged the suspect with two counts of murder last Sunday. The suspect appeared in court this morning at the Kwun Tong Magistrate's Court. Acting Chief Magistrate Zheng Jihang, after listening to the opinions of both the prosecution and defense, decided to postpone the hearing for two weeks until 9:30 am on June 19th, waiting for two psychiatric expert reports to be obtained. The defense did not object. Zheng Jihang approved the application, and the defendant needs to be temporarily detained at Xiaolan Mental Hospital. When the suspect appeared in court, he wore black framed glasses, a light gray shirt, and camouflage green shorts, and was able to answer the judge's questions normally. accordingly

Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest
Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest

Currently, the highly anticipated summer harvest work in Henan has shifted its focus to the northern region of Henan. According to the Henan Daily client, on June 4th, Lou Yangsheng, Secretary of the Henan Provincial Party Committee, presided over a special video scheduling meeting on the "Three Summers" work in the province, listened to the situation report, analyzed and judged the situation, and arranged and deployed the next steps of work. Governor Wang Kai made specific arrangements. On the evening of May 31, 2023, in Xiafutou Village, Xuliang Town, Boai County, Jiaozuo, Henan Province, villagers braved light rain in the wheat fields to harvest wheat. Visual China Map Lou Yangsheng pointed out that the current summer harvest battle in the province has entered the decisive stage. Doing a good job in summer harvest in northern Henan Province is related to the summer grain yield and seed safety. We should focus on seizing opportunities and make every effort to organize the wheat harvesting work in the northern Henan region, minimize losses, and protect the interests of farmers to the greatest extent possible. Accurate forecasting is essential

Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology
Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology

On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Astronauts Fei Junlong, Deng Qingming, and Zhang Lu all safely and smoothly exited the spacecraft, and the Shenzhou-15 manned flight mission was a complete success. What innovative technologies are there to safeguard the return journey of Shenzhou 15 in this mission? On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Xinhua News Agency reporter Lian Zhen photographed that "the sky and the ground" ensure the high-precision return of spacecraft. For the Shenzhou series spacecraft, the return and re-entry GNC technology is directly related to the life safety of astronauts. Taking the success of this return mission as a symbol, China has comprehensively upgraded its GNC system since the Shenzhou-12 manned spacecraft, which features autonomous rapid rendezvous and docking, autonomous adaptive prediction and re-entry return guidance, and has completed a comprehensive update and replacement

The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet
The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet

At noon today, a Chinese naval fleet consisting of Zhanjiang and Xuchang ships arrived at the assembly area of the "Comodo-2023" multinational maritime joint exercise. It is understood that the assembly anchorage for this exercise is 3 nautical miles long and 1.5 nautical miles wide, capable of anchoring up to 50 ships. Naval vessels from various countries participating in the exercise will also arrive at the anchorage today to complete the assembly of the "Komodo 2023" multinational maritime joint exercise, which is held every two years by the Indonesian Navy. This year is already the fourth edition of the exercise. The exercise will be held from June 5th to 8th in the city of Jakarta, South Sulawesi Province, Indonesia, including the port and sea phases. In the coming days, participating navies from various countries will participate in ship reading style search and rescue exercises, maritime interception and damage management exercises, aerial exercises, and other course objectives exercises

New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale
New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale

On the evening of June 1st, the US Senate passed a bill on the federal government's debt ceiling and budget, and the flame of the US debt bomb was temporarily extinguished at the last moment. The two parties in the United States have staged an extreme tug of war over the US debt bomb. Some experts believe that the US debt crisis is the result of the reckless politics promoted by the US dollar hegemony, and the underlying cause of this crisis is the highly polarized political system of the US. Since the end of World War II, the US Congress has adjusted the debt ceiling more than a hundred times. The recurring debt crisis will not only have a catastrophic impact on the US economy and people's livelihoods, but also continuously erode the value of US dollar assets such as government credit and US bonds, bringing significant and far-reaching impacts to the global economic landscape. 【