Fuzhou Issues Third Batch of Government Debt Limits for 2025

Strategic Insights -

The city of Shishi, in Fuzhou, Fujian Province, has been approved to issue its third batch of government debt limits for 2025, totaling RMB 327.58 million. This will be used to support various public welfare projects, including the renovation and expansion of No. 1 Middle School, the construction of Shiguang Middle School, and the ecological restoration of abandoned mines in Yongning Town. The debt limit will be allocated according to the requirements of the "Notice of the Fujian Provincial Department of Finance on Issuing the Third Batch of Government Debt Limits for 2025."

Key Takeaways:

  • The city of Shishi has been approved to issue its third batch of government debt limits for 2025, totaling RMB 327.58 million.
  • The debt limit will be used to support various public welfare projects, including the renovation and expansion of No. 1 Middle School, the construction of Shiguang Middle School, and the ecological restoration of abandoned mines in Yongning Town.
  • The debt limit will be allocated according to the requirements of the "Notice of the Fujian Provincial Department of Finance on Issuing the Third Batch of Government Debt Limits for 2025."
  • The general debt limit of the city will be adjusted from 631.349 million yuan to 631.676 million yuan, an increase of 327.58 million yuan.
  • The special debt limit of the city will be adjusted from 1.499674 billion yuan to 1.527252 billion yuan, an increase of 275.578 million yuan.
  • The government debt balance will be controlled within the limit issued by the Provincial Department of Finance.
  • The debt balance will be adjusted from 204,481.683 million yuan to 206,809.263 million yuan, an increase of 2,327.57 million yuan.
  • The general public budget financial resources of the city at this level will be adjusted from 493.482 million yuan to 494.974 million yuan, an increase of 14.92 million yuan.
  • The government fund budget of the city will be adjusted from 291.475 million yuan to 322.741 million yuan, an increase of 31.266 million yuan.

Statistics:

  • RMB 327.58 million: the total amount of government debt limits issued for the city of Shishi in 2025.
  • 2.131023 billion yuan: the government debt limit of the city as of the end of May 2025.
  • 631.349 million yuan: the general debt limit of the city as of the end of May 2025.
  • 1.499674 billion yuan: the special debt limit of the city as of the end of May 2025.
  • 216,378.1 million yuan: the government debt limit of the city as of the end of July 2025.
  • 63,284.1 million yuan: the general debt limit of the city as of the end of July 2025.
  • 153,094.0 million yuan: the special debt limit of the city as of the end of July 2025.
  • 204,481.683 million yuan: the government debt balance of the city as of the end of July 2025.
  • 55,912.283 million yuan: the general debt balance of the city as of the end of July 2025.
  • 148,569.4 million yuan: the special debt balance of the city as of the end of July 2025.

Sources:

  • https://www.shishi.gov.cn/zwgk/zfxxgkzl/zfxxgkml/qtzfxx/202508/t20250826_3203891.htm