Proposal to prevent backsliding in 'triangular debt' cleanup

Updated: 2020-03-10 chinadaily.com.cn

Year: the fifth session of the 7th CPPCC National Committee held in 1992

Proposal No: 0496

Proposer: CPPCC National Committee member Liu Zhengmo

 

Content: 

"Triangular debt" has been haunting the economy and causing serious disruptions to the running of the economic system. Clearing the debt is only surface-scratching, while cutting it off at the source is the way to end it once and for all. We need to get to the root of triangular debt. 


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