A seminar on the project "Research on Local Government Debt and Financial Stability in China" (20&ZD081), a major bidding project of the National Social Science Found of China with Professor LIU Xiliang as the chief expert, was held in Conference Room 1802, Guanghua Building, Guanghua Campus of SWUFE. DONG Qingma, a member of the project team, reported the basic situation and implementation plan of the project to the participants; LIU Rong, Dean of School of Public Finance and Taxation, approved of the significance of the project and put forward three suggestions; LI Shihong, vice director of Sichuan Provincial Finance Department, congratulated on the approval of the project and offered three suggestions for the development of the project according to her practical work experience. Lastly, Professor LIU Xiliang expressed his views on the research content of the project and his gratitude to the participants.