How to resolve village-level debt

Since 2002, Hubei Province has carried out the work of clearing and dissolving the creditor's rights and debts of rural village-level organizations in the whole province, and has created many practical methods and measures in practice, such as reducing and exempting high-interest debts, clearing creditor's rights and debts, offsetting debts, converting debts into debts, implementing the policy of reducing and exempting debts, and disposing of collective property. The formation of rural debt is partly caused by policies and systems. For example, the debts caused by public welfare undertakings and the debts formed in rural areas during the Ninth Five-Year Plan should be borne and provided by the central, provincial, municipal (district) and other higher-level governments, and these debts should also be given priority. The heart of village cadres