The Party group of the Ministry of Finance of the Communist Party of China: Coordinate the well-hidden debt substitution, reform and transformation of financing platforms, and investigate and hold accountable for illegal borrowing.

The Party group of the Ministry of Finance of the CPC issued a bulletin on the progress of the third round of central inspection and rectification of the 20th Central Committee. Next, we will better coordinate development and security, effectively prevent and resolve financial risks. We will guide localities to implement a series of policies to support incremental debt, coordinate the replacement of hidden debts, reform and transform financing platforms, and investigate and hold accountable violations of borrowing regulations. Further strengthen the full-process management of special bonds. Urge localities to always prioritize the "three guarantees" and ensure the bottom line of the "three guarantees" at the grassroots level. Fully assess and properly address various factors affecting fiscal revenue and expenditure, ensure budget balance and stable operation of public finance.