Comparative study on the debt management between Chinese and foreign governments

From the perspective of local government financial supervision theory,this essay analyzes and summarizes the foreign experience in local government debt management.For the issues of local government debt in China,it proposes the related idea of reconstruction of local government debt management system in China from the regulatory pattern,the use of debt leverage manner,debt management mechanisms,prevention and early warning mechanism,local government guarantee mechanism,accountability and error correction mechanism,so as to further standardize the system design work of local government debt management in china.