local government finance

基本解释

But from the recent time and micro economy, its influence brings a certain challenge to export product cost, export product structure, export product quality and local government finance.
但从近期和微观经济来看，对出口产品成本和出口竞争力、出口产品结构、出口产品质量以及地方财政都带来一定的挑战。
Those foreign-capital projects belong to foreign-capital enterprises guide catalog will be returned back 50 percent three years tax from local government finance after that project has been invested.
外商投资项目属于《外商投资产业指导目录》鼓励类项目的，在项目投产后，前三年上缴税金地方财政留成部分的50%返还企业。
blog.sina.com.cn
Based on the studies in 12 townships, 3 counties, the author found that the basis of local government finance had been transformed from rural fees and levies to inter-governmental transfers and debts.
通过对税费改革过程中政府间财政关系的考察，发现过去一直依靠从农村收取税费维持运转的基层政府正在变为依靠上级转移支付。

The most common tactic was to set up enterprises, now known as LGFVs—local government finance vehicles.
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Despite the strict prohibition, their debt has skyrocketed as local officials incurred obligations through LGFVs, local government finance vehicles.
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