Minister of Finance Lou Jiwei: By the end of June 2025, over 60% of financing platforms have successfully exited.
Minister of Finance, Lao Fu'an, stated at the press conference on the theme of "High-quality completion of the 14th Five-Year Plan" held by the State Council Information Office on September 12 that by the end of June 2025, over 60% of financing platforms have exited, meaning that more than 60% of the hidden debts of financing platforms have been cleared, and the reform and transformation of financing platforms are accelerating.
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