Cash-strapped local governments in China artificially boosted their revenues last year by selling swaths of land to their own investment vehicles, an official think-tank said, raising concerns about the extent of their financial woes.More than half of the Rmb2.2tn ($316bn) in residential property plot sales by local Chinese authorities in 2022 were made to local government financing vehicles (LGFVs), according to a report published last week by the Chinese Academy of Fiscal Sciences, which warned some transactions “might be fake”.
一家官方智库表示，资金紧张的manbetx3.0 地方政府去年通过将大片土地出售给它们自己的投资平台，人为提高了财政收入——这引发了人们对地方政府财政困难程度的担忧。
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