Implicit government guarantee refers to the self-evident guarantee provided by the government for the failure of competition and operating losses of enterprises. This kind of guarantee is the abuse of government credit, which leads to the dislocation of government functions and excludes private credit and private guarantee that meet the requirements of market economy laws and regulations. The information it conveys deviates from the market rules and destroys the market order of "survival of the fittest". Implicit government guarantee refers to the self-evident guarantee provided by the government for the failure of competition and operating losses of enterprises. This kind of guarantee is the abuse of government credit, which leads to the dislocation of government functions and excludes private credit and private guarantee that meet the requirements of market economy laws and regulations. The information it conveys deviates from the market rules and destroys the market order of "survival of the fittest". Implicit government guarantee refers to the self-evident guarantee provided by the government for the failure of competition and operating losses of enterprises. This kind of guarantee is the abuse of government credit, which leads to the dislocation of government functions and excludes private credit and private guarantee that meet the requirements of market economy laws and regulations. The information it conveys deviates from the market rules and destroys the market order of "survival of the fittest". Implicit government guarantee refers to the self-evident guarantee provided by the government for the failure of competition and operating losses of enterprises. This kind of guarantee is the abuse of government credit, which leads to the dislocation of government functions and excludes private credit and private guarantee that meet the requirements of market economy laws and regulations. The information it conveys deviates from the market rules and destroys the market order of "survival of the fittest". Implicit government guarantee refers to the self-evident guarantee provided by the government for the failure of competition and operating losses of enterprises. This kind of guarantee is the abuse of government credit, which leads to the dislocation of government functions and excludes private credit and private guarantee that meet the requirements of market economy laws and regulations. The information it conveys deviates from the market rules and destroys the market order of "survival of the fittest". Implicit government guarantee refers to the self-evident guarantee provided by the government for the failure of competition and operating losses of enterprises. This kind of guarantee is the abuse of government credit, which leads to the dislocation of government functions and excludes private credit and private guarantee that meet the requirements of market economy laws and regulations. The information it conveys deviates from the market rules and destroys the market order of "survival of the fittest". Implicit government guarantee refers to the self-evident guarantee provided by the government for the failure of competition and operating losses of enterprises. This kind of guarantee is the abuse of government credit, which leads to the dislocation of government functions and excludes private credit and private guarantee that meet the requirements of market economy laws and regulations. The information it conveys deviates from the market rules and destroys the market order of "survival of the fittest".