The scale of the existing local government bonds in Shaanxi was average，at the middle level in the country，and the types of existing bonds were relatively evenly distributed. In the first half of 2020，the scale of newly issued local government bonds in Shaanxi has decreased year-on-year，the maturity has been extended，and the cost has decreased. The issuance of bonds was dominated by special bonds；the special bonds for project income in Shaanxi were mainly concentrated in the areas of municipal and industrial park infrastructure，transportation infrastructure，and people’s livelihood services. The investment of special bonds can have a certain pulling effect on investment；the economic and financial strength of Shaanxi was in the middle reaches of the country. The scale of local government debt matched the level of economic development，and the debt risk was relatively controllable.