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10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
Express News | Gigamedia Announces Third-Quarter 2024 Financial Results
Express News | Gigamedia Q3 Income From Operations USD -1.008 Million
Express News | Gigamedia Q3 Gross Profit USD 372 Thousand
Express News | Gigamedia Q3 Net Income USD -320 Thousand
GigaMedia 3Q Loss/Shr 3c >GIGM
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