HIGHLIGHTS

　　Vice Finance Minister Zhu Guangyao: we must stay highly vigilant against the local government’s contingent debts

　　Finance Minister Xiao Jie presided over and delivered a report at the National Fiscal Work Conference

　　MOF published the Guidelines on Strengthening the Management and Use of Insurance Funds to Support the Prevention and Mitigation of the Debt Risks of Local Governments

　　MOF published the Measures for the Financial Management of Land Reserve Funds

　　China’s GDP grew by 6.9% year on year in 2017

　　Revenue under China’s general public budget totaled 17.2567 trillion RMB in 2017