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财政部10月20发布通知称,经国务院批准,2011年在上海市、浙江省、广东省和深圳市试点地方政府自行发债。根据《中华人民共和国预算法》第四章第二十八条规定,地方各级预算按照量入为出、收支平衡的原则编制,不列赤字。除法律和国务院另有规定外,地方
On October 20, the Ministry of Finance issued a circular stating that with the approval of the State Council, local governments in pilot cities of Shanghai, Zhejiang, Guangdong and Shenzhen issued their own bonds in 2011. According to Article 28 of Chapter IV of the Budget Law of the People’s Republic of China, the local budgets at all levels are compiled in accordance with the principle of measuring in and spending and expenditure are balanced, with no deficit. Except as otherwise provided by law and the State Council, the place