ANBOUND's scholars are of the view that although the growth in China’s fiscal income will slow in future, the country still has room to increase government debt.

The government debt has secured quite some good assets and this is the bottom line that we should keep to prevent the debt risk.

Fiscal reform is a huge systemic project involving various parties’ interests and conflicts; the key to contain the debt risk is to stay prudent during the reform.

With the recovery of economic vitality in the future, the government debt level might be able to return to normal level.