摘要
Debt problems at China＇s local level have been prevalent for years. With increasing concerns over local govern- ment debt risks, calls are increasingly becoming stronger to reform tax poli- cies and regulations. Researchers and bankers spoke out about the issue at the three-day Lujiazui Forum which opened recently in Shanghai. Edited excerpts follow：
Debt problems at China＇s local level have been prevalent for years. With increasing concerns over local govern- ment debt risks, calls are increasingly becoming stronger to reform tax poli- cies and regulations. Researchers and bankers spoke out about the issue at the three-day Lujiazui Forum which opened recently in Shanghai. Edited excerpts follow：
