The total debt balance of the Chinese government is about 96 trillion yuan, and the overall security is controllable.

On March 6, Xinhua News Agency publicly released a report on the execution of the central and local budgets for 2025 and the draft central and local budgets for 2026, including data on government debt for 2025. According to the budget report, by the end of 2025, the balance of national debt was approximately 41.23 trillion yuan, while the balance of local government debt was around 54.82 trillion yuan. China's government debt balance is composed of the balance of national debt and local government debt, so based on the official data mentioned above, the government debt balance by the end of 2025 was approximately 96.05 trillion yuan. In order to prevent and control government debt risks, China adopts quota management for government debt, setting a "ceiling" for government borrowing, and the government debt balance needs to be controlled within the quota. According to the budget report, by the end of 2025, both the national debt balance and the local government debt balance were within the approved quota by the National People's Congress, indicating that the overall risk of China's government debt is safe and controllable.