2011年末，中国未偿还地方政府债务总额为29万亿人民币，而其土地和固定资产总价值为90万亿人民币，这意味着即使资产价值缩水一半，地方政府作为一个总体仍不会资不抵债。
While China’s outstanding local-government debt totaled CN¥29 trillion ($4.7 trillion) at the end of 2011, its land and fixed assets are worth some CN¥90 trillion, meaning that even if asset values were written down by half, local governments would remain solvent.