"Government debt accounts for the proportion of GDP in China, referred to as government debt proportion, and is one of the important indicators to measure the financial and healthy status of a country. This indicator indicates the proportion of government debt scale and GDP, reflects government debt pairs of government debt pairs The proportion of economic aggregate.
Government debt is usually caused by government borrowing from markets, banking and other institutions. The continuous increase in the scale of government debt will lead to increasing interest burden paid by the government, and it may also cause problems such as credit risk and debt crisis. Therefore, the proportion of government debt has an important impact on national economic and financial stability.
Government debt is too high to have a negative impact on the national economy and finance. When the proportion of government debt is too high, the government will face the risk of debt defaults, which may trigger the financial crisis and credit risks, which will seriously affect the development of economic and social. At the same time, the government needs to pay more interest and principal, and the increase in fiscal pressure will also limit the government's expenditure in other fields to further affect the development of society and economy.
However, the proportion of government debt is not as low as possible. Government debt can be used for investment and construction, supporting economic development and improving people's livelihood, which is also the necessity of government debt. If the scale of government debt is too small, it may restrict the government's investment in economic construction and social undertakings, affecting the development of economic and social. Therefore, the government needs to reasonably control the scale and proportion of government debt according to the actual situation and national development needs.
In short, the proportion of government debt is an important indicator for measuring the financial and healthy status of a country. The government needs to reasonably control the scale and proportion of government debt according to the actual situation and national development needs, ensure the security and sustainability of government debt, and promote the national economy. And the development of society. "