Officials at the Ministry of Finance estimated earlier this year that local government debt already topped 4 trillion yuan, or 16.5% of GDP, much more than previously assumed.

• 今年早些的时候，官员在财政部估计，当地政府的债务已经超过了4万亿，这可能占国内生产总值的16.；5%25，远远超过了以前。