A possible measure to reduce the hidden debt wou

uld be to separate the government-owned assets from that of the companies and let the State-owned businesses run by thems

elves, said experts close to the matter. This is particularly so for some public and infrastructure construction proj

ects. But it also means that the local governments will not be undertaking the default risks.

Experts said the minister‘s viewpoint is a signal that the authori

ties are determined to solve the vexed debt issue with more details set to emerge later and star

t a national campaign for preventing systemic financial risks, amid rising external trade challenges.

Other measures could include selling part of the State-owned assets, rest

ructuring the State-owned enterprises, or reorganizing projects, said Liu.

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