Jin Baogen saw Wen Shulin's solemn face and said, "Chen Jin's information is correct. The tightening of city investment bonds is the general trend, and the upper levels have already begun to rectify the local financing platforms."
Upon hearing this, Wen Shulin asked cautiously, "Mr. Jin, is this like last time, a temporary tightening?"
Jin Baogen shook his head, "Over these years, leveraging city investment platforms to take on heavy debts has led to quite a few vanity projects, and the scale of the debt has become so large that it must be controlled."
"This time, they're serious. Starting from next January, the scale of city investment bonds will be progressively reduced, and the difficulty of financing will grow ever greater."
Although Wen Shulin had mentally braced herself, hearing Jin Baogen confirm it still weighed heavily on her heart.