During an open group session of the Jilin Provincial Delegation on the morning of March 7, Hu Yuting, Deputy Head of the delegation and Governor of Jilin Province, announced that in 2025, Jilin successfully exited the list of provinces with significant local debt and completely eliminated high-risk financial institutions. Governor Hu stated that Jilin has made decisive progress in resolving debt and financial risks. Last year, the province successfully exited the key local debt province category, achieved a full clearance of high-risk financial institutions, vigorously promoted the reform and risk resolution of the rural credit system, and saw the official operation of Jilin Rural Commercial Bank. The financial ecosystem continues to optimize, positioning Jilin to benefit from more national policy support. He emphasized that the province has implemented a three-year action plan to deepen and enhance state-owned enterprise reforms, focusing on strategic restructuring and specialized integration. The number of first-tier provincial enterprises has been reduced by 80%, consolidated to 12 entities, with five major companies, including Jilin Forest Industry and Dacheng Corn, overcoming difficulties and revitalizing their operations. The province has strengthened scientific governance and market value management of state-owned and state-controlled enterprises. During the 14th Five-Year Plan period, the revenue of provincial enterprises doubled, while profits tripled. Efforts have been made to direct state capital toward emerging industries such as new energy, new materials, and embodied AI. Last year, investments by provincial state-owned enterprises in emerging industries increased nearly fourfold, enhancing their strategic support and core functions. State-owned enterprises have become a crucial pillar and reliance for Jilin's progress and breakthroughs. Additionally, significant results have been achieved in fiscal system reform. Governor Hu noted that the province has implemented strict budgeting requirements, pioneered zero-based budget reforms, and strengthened fiscal performance management. Reforms in the management of government resources, assets, and capital have led to an increase in asset scale by 3.8 trillion yuan, with 110.87 billion yuan in inefficient and idle assets revitalized last year. Jilin took the lead in achieving provincial-level coordination for ensuring basic livelihoods at the city and county levels, with spending on people's livelihoods maintaining over 80% of total expenditure. Standards for 11 policies, including urban and rural minimum living guarantees, have been raised. The material foundation for concentrating financial resources on major initiatives has been further solidified.