Multiple regions have disclosed progress on special bonds for "debt collection", with over 55 billion yuan earmarked for the specific purpose of repaying debts.

With the Ministry of Finance setting the new local government debt limit for 2025 to various regions, local governments have been adjusting their budgets since late May after determining the total borrowing amount for the year. Different from previous years' mid-year budget revisions, many local governments this year have, for the first time in their budget adjustment plans, disclosed that special bonds will be used to "resolve overdue corporate debts." According to incomplete statistics from reporters, as of June 17, the total amount of special bonds earmarked for "debt repayment" by local governments stands at 55.6 billion yuan, with the total amount of special bond funds for "debt repayment" totaling around 146.5 billion yuan.