8-18 Government Debt Finance |
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Unit:
10 000 yuan |
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Year |
Total
Debt Incurred |
|
Total
Payment for the Debts |
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Domestic
Debts |
Foreign
Debts |
Other
Domestic Debts |
Payment
for the Principal and Interest of the
Domestic Debts |
Payment
for the Principal and Interest of the
Foreign Debts |
Payment
of the Loans from People’s Bank and t heir
Interest |
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|
1950 |
3.02 |
3.02 |
|
|
0.03 |
0.03 |
|
|
1951 |
8.18 |
0.01 |
5.49 |
2.68 |
0.42 |
0.40 |
0.01 |
0.01 |
1952 |
9.78 |
|
9.78 |
|
3.92 |
0.58 |
0.23 |
3.11 |
1953 |
9.62 |
|
9.62 |
|
0.91 |
0.65 |
0.26 |
|
1954 |
17.20 |
8.36 |
8.84 |
|
2.21 |
0.89 |
1.32 |
|
1955 |
22.76 |
6.19 |
16.57 |
|
6.56 |
1.58 |
4.98 |
|
1956 |
7.24 |
6.07 |
1.17 |
|
7.22 |
1.25 |
5.97 |
|
1957 |
6.99 |
6.84 |
0.15 |
|
8.26 |
2.18 |
6.08 |
|
1958 |
7.98 |
7.98 |
|
|
9.04 |
1.81 |
7.23 |
|
1959 |
|
|
|
|
9.69 |
2.58 |
7.11 |
|
1960 |
|
|
|
|
10.46 |
3.73 |
6.73 |
|
1961 |
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|
|
|
10.93 |
4.35 |
6.58 |
|
1962 |
|
|
|
|
10.37 |
3.95 |
6.42 |
|
1963 |
|
|
|
|
7.58 |
4.72 |
2.86 |
|
1964 |
|
|
|
|
5.23 |
4.27 |
0.96 |
|
1965 |
|
|
|
|
6.36 |
5.66 |
0.70 |
|
1966 |
|
|
|
|
3.91 |
3.91 |
|
|
1967 |
|
|
|
|
2.01 |
2.01 |
|
|
1968 |
|
|
|
|
2.00 |
2.00 |
|
|
1972 |
|
|
|
|
0.50 |
0.50 |
|
|
1973 |
|
|
|
|
0.50 |
0.50 |
|
|
1974 |
|
|
|
|
0.50 |
0.50 |
|
|
1979 |
35.31 |
|
35.31 |
|
|
|
|
|
1980 |
43.01 |
|
43.01 |
|
28.58 |
|
24.40 |
4.18 |
1981 |
73.08 |
|
73.08 |
|
62.89 |
|
57.89 |
5.00 |
1982 |
83.86 |
43.83 |
40.03 |
|
55.52 |
|
49.62 |
5.90 |
1983 |
79.41 |
41.58 |
37.83 |
|
42.47 |
|
36.56 |
5.91 |
1984 |
77.34 |
42.53 |
34.81 |
|
28.91 |
|
22.74 |
6.17 |
1985 |
89.85 |
60.61 |
29.24 |
|
39.56 |
|
32.59 |
6.97 |
1986 |
138.25 |
62.51 |
75.74 |
|
50.16 |
7.98 |
34.49 |
7.69 |
1987 |
169.55 |
63.07 |
106.48 |
|
79.83 |
23.18 |
51.96 |
4.69 |
1988 |
270.78 |
92.17 |
138.61 |
40.00 |
76.75 |
28.44 |
42.58 |
5.73 |
1989 |
282.97 |
56.07 |
144.06 |
82.84 |
72.36 |
19.30 |
45.83 |
7.23 |
1990 |
375.45 |
93.46 |
178.21 |
103.78 |
190.40 |
113.75 |
68.21 |
8.44 |
1991 |
461.40 |
199.30 |
180.13 |
81.97 |
246.80 |
156.69 |
80.22 |
9.89 |
1992 |
669.68 |
395.64 |
208.91 |
65.13 |
438.57 |
342.42 |
80.26 |
15.89 |
1993 |
739.22 |
314.78 |
357.90 |
66.54 |
336.22 |
224.30 |
89.22 |
22.70 |
1994 |
1175.25 |
1028.57 |
146.68 |
|
499.36 |
364.96 |
107.17 |
27.23 |
1995 |
1549.76 |
1510.86 |
38.90 |
|
878.36 |
779.46 |
71.69 |
27.21 |
1996 |
1967.28 |
1847.77 |
119.51 |
|
1311.91 |
1223.17 |
60.76 |
27.98 |
1997 |
2476.82 |
2412.02 |
64.80 |
|
1918.37 |
1820.40 |
70.76 |
27.21 |
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a)
In
1981, the debt incurred excluded an amount of 4.866 billion yuan of Treasury bill issued in the year which made up the
deficits in 1980 and 1981, and was not included in the 1981 government budget. |
b)
The
government bonds for supporting key construction projects totaling 5.4 billion
yuan issued in 1984 and would be repaid by the government
finance were not included in the debts of 1987. The indexed government bonds totaling
12.5 billion yuan issued in 1987 were not included in
the debt of 1989.
|
c)
Other domestic debts in 1951 referred to loan from bank,
and in the years after 1988 referred to special government financial debts and
special national debts, etc.
|
d)
In
1995, the payment for debts did not include an amount of 460 million yuan used for the repayment for the capital and interest,
which was carried down to be the debts of the next year. |