2. Debt risk: Local governments have the risk of covering up debts, which affects economic stability and financial health.
3. Risk of income inequality: The increase of income inequality leads to social instability and the widening gap between the rich and the poor.
4. Risk of population aging: The arrival of the "aging wave" leads to an increase in the burden of social security and medical system, which is difficult for individuals and families to cope with.
5. Risk of ecological destruction: The destruction of ecological environment has a negative impact on human health and natural resources.