What did the minutes of Kunming City Investment Expert Meeting say?

The content includes the situation that the state-owned enterprises in Kunming are facing the pressure of debt maturity. There is default risk of local debts, uneven funds and great repayment pressure. The money used to pay off debts was donated by Shanghai. Affected by the epidemic last year, Shanghai did not give money, and the central government did not give an explanation. This investment in Shanghai is to borrow money, not to ask for money. The local government has been unable to pay wages for three or four months, and there are difficulties in all aspects.