It still remains to be seen whether China will produce the effect of fiscal squeeze by issuing national debt to enlarge fiscal expenditure.
我国通过发债扩大财政支出是否会产生财政挤出效应，这是需要澄清的重大问题。
The expenditure of national and central government included the payment for interest of domestic and foreign debt since 2000.
从2000年起，全国财政支出和中央财政支出中包括国内外债务付息支出。
Note: expenditure for agricultural capital construction since 1998 included the expenditure funded from additional issuing national debt.
注：从1998年开始，“农业基本建设支出”包括增发国债安排的支出。
The basic conclusion is as follows: it is fiscal revenue and expenditure of central government but not GDP that are the main factors that affect the issuing scale of national debt.
得出的基本结论为：中央财政收支而非gdp是影响国债发行规模的主要因素。
The basic conclusion is as follows: it is fiscal revenue and expenditure of central government but not GDP that are the main factors that affect the issuing scale of national debt.
得出的基本结论为：中央财政收支而非gdp是影响国债发行规模的主要因素。
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