For the purposes of these Measures, the term “local government special bonds” refers to the provincial government’s issuance of public welfare projects with certain returns, using the government fund income or special income corresponding to the public welfare projects as the source of funds for repaying principal and interest. government bonds, including new special bonds and refinancing special bonds.

(1) Municipal and county-level competent authorities and project units screen projects that meet the conditions for special bond issuance based on public welfare development plans, early project preparations, income and financing balance, etc. and submit them to the same level for development and reform ,financial department. The county-level development and reform and finance departments shall verify the project status and annual special bond project funding requirements, and report to the municipal development and reform commission and municipal finance bureau with the consent of the government at the same level. The Municipal Development and Reform Commission and the Municipal Finance Bureau summarize the city's project needs and submit them to the leading group for review. After approval by the municipal government, they report to the Provincial Development and Reform Commission and the Provincial Department of Finance. The Provincial Development and Reform Commission and the Provincial Department of Finance shall review and report to the National Development and Reform Commission and the Ministry of Finance. Projects approved by the National Development and Reform Commission and the Ministry of Finance shall be included in the reserve management. The reserve project information includes but is not limited to the following: basic project information, project approval status, investment and financing scale, special bond demand amount, construction period, start-up year, income source, expected income, ex-ante performance evaluation, performance goals, etc.

(2) The reserve bank implements a dynamic replenishment mechanism according to the requirements of the superior development and reform and financial departments. If the projects in the reserve database need to be adjusted due to changes in objective reasons, the competent departments at the city and county levels may apply for project information changes or withdrawal from the database. The preliminary work of the reserve bank is fully prepared, the economic and social benefits are obvious, and the demand for construction funds is urgent. The competent departments at the municipal and county levels submit an application, and the Municipal Finance Bureau entrusts a law firm and an accounting firm to prepare a project implementation plan, legal opinions, Financial evaluation report (referred to as "one case and two documents"). Including but not limited to the following:

(1) Basic situation of the project;

(2) Project approval, land use planning, environmental assessment, etc.;

(3) Project economic and social benefit analysis and public welfare demonstration;

(4) Project performance goals;

(5) Project investment estimate and financing plan;

< p>(6) Project construction and operation plan;

(7) Project expected income, cost calculation and financing balance;

(8) Bond issuance plan;

< p>What are the main ways to resolve debt?

1. Through the issuance of local government replacement bonds, all locked-in first-class debts of public hospitals will be replaced with government bonds, which will be included in the fiscal budget management of the same level and repaid in full and in a timely manner.

2. Establish a reward and subsidy mechanism for public hospital debt settlement and management work. The Provincial Department of Finance will formulate assessment, reward and subsidy methods and separately arrange a certain amount of new bonds to reward and subsidy.

3. Repayment with self-raised funds. Public hospitals themselves must strengthen overall management, strengthen internal cost control, reduce recurring expenses, and actively raise their own debts.

Legal basis:

"Measures for the Performance Management of Local Government Special Bond Project Funds"

Article 3

Performance as referred to in these Measures Management refers to the financial department, project authorities and project units targeting special bond-supported projects to promote the improvement of bond fund allocation efficiency through prior performance evaluation, performance target management, performance operation monitoring, performance evaluation management, and application of evaluation results. and the process of using benefits.