The city’s local finance bureau printed a list of 259 entities with outstanding payments dating back to December 2018 in the Yangtze River Daily—the official mouthpiece of the Wuhan government—on Friday. The debts listed totaled more than 300 million yuan . While the Wuhan municipal government’s revenue hit 50.77 billion yuan in the first quarter of the year, that marked an 8.5 percent decline on the same period last year.
The biggest debtor to the Wuhan finance bureau was a car manufacturer that owed the government 23.5 million yuan. A number of district financial bureaus were also on the list.
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