What is the debt of the financing platform of the Ministry of Finance?

The financing platform debt of the Ministry of Finance is corporate debt. Corporate bonds refer to the securities issued by domestic enterprises with legal personality in accordance with legal procedures and agreed to repay the principal and interest within a certain period of time. In western countries, because only joint-stock companies can issue corporate bonds, corporate bonds are corporate bonds in western countries. In China, corporate bonds generally refer to bonds issued by enterprises of various ownership systems.