Yang Qun: The Blue Book of China's Local Bonds fills the gap in the research field related to local bonds

On April 28th, the "Blue Book of China's Local Government Bonds and Government Leverage Reduction Seminar" jointly organized by the China Treasury Bond Association, China Chengxin International Credit Rating Co., Ltd., the Social Science Literature Publishing House, and the Government Debt Research Center of the National Development Institute of Chinese Min University was held in Beijing.

Yang Qun, editor-in-chief and editor-in-chief of the Social Sciences Literature Publishing House, delivered a speech at the press conference. Yang Qun pointed out that the topic of local debt has received widespread attention from the society, but there is still a lack of books for comprehensive and professional analysis. Jointly compiled by the China Treasury Bond Association and China Chengxin International Credit Rating Co., Ltd., the "Blue Book of China's Local Bonds - China Local Bond Development Report (2021)" combines the practical experience and theoretical research of relevant professional institutions to fill the gap in the research field related to local bonds and provide a very comprehensive analysis of local bonds.

Yang Qun pointed out that the Blue Book is very rich in content and can provide a comprehensive introduction for the public who want to understand local debts, and the content is authoritative, cutting-edge and comprehensive. The Blue Book is composed of the general report, the regional chapter, the special debt of the local government project income, the special article and the appendix, on the basis of combing the historical evolution of local bonds, a comprehensive review of the development of the local government bond market in 2020 is conducted, the operation characteristics of local government bonds in various provinces are studied from a regional perspective, and at the same time, the special bonds of local government project income are analyzed in depth in combination with the fundraising and investment field, and the annual local government bond regulatory policies, major events and the statistics of the issuance scale of local government bonds in various provinces (cities and districts) are included. Yang Qun believes that the Blue Book can not only provide a good and powerful reference for the government to continue to do a good job in the work related to local bonds, but also provide a very authoritative interpretation for the general public who pay attention to this issue, which has great reference significance and value.

Yang Qun briefly introduced the basic situation of the Social Science Literature Publishing House. Founded in 1985, the Social Sciences Literature Publishing House is a humanities and social sciences publishing institution directly under the Academy of Social Sciences, publishing about 2,400 kinds of books in 2020, forming a series of influential products including leather books, philosophical and social science discipline collections and professional research works. Among them, the leather book series is an important part of the think tank report of the Social Science Literature Publishing House, with an annual publication volume of more than 400 kinds, accounting for more than 1/4 of the national think tank report market.

At the end of the speech, Yang Qun said that the "Blue Book of China's Local Securities - China's Local Bond Development Report (2021)" is a high-quality masterpiece jointly launched by the China Treasury Bond Association and China Chengxin Co., Ltd., and the publication of this book is only a beginning, and it is expected that the "Blue Book of China's Local Government Bonds" research group will launch more high-quality works in the future to make greater contributions to the high-quality development of the local bond market.