{'fraction_non_alphanumeric': 0.0166073546856465, 'fraction_numerical': 0.0, 'mean_word_length': 5.071942446043166, 'pattern_counts': {'":': 0, '<': 0, '<?xml version=': 0, '>': 0, 'https://': 0, 'lorem ipsum': 0, 'www.': 0, 'xml': 0}, 'pii_count': 0, 'substrings_counts': 0, 'word_list_counts': {'cursed_substrings.json': 0, 'profanity_word_list.json': 0, 'sexual_word_list.json': 0, 'zh_pornsignals.json': 0}}
Risks and Countermeasures of Local Government Debt in China

In recent years, local governments have adopted the 
method of debt financing, which has promoted the development of economy and 
society and accords with the requirements of macro policies. However, with more 
and more demand of livelihood security and infrastructure, this has aggravated 
its financial pressure for the limited regional finance. The local government 
has increased its borrowing scale to meet public demand. The problems of local government 
debt like huge size, imperfect management, opaque information, inefficient 
supervision, and incomplete laws increase the risk of local government debt. This 
paper did a detailed research on the current situation of the local government 
debt that exceeds a certain limit financial risk, credit risk and efficiency risk.