From "Loaning Lifting The Ban" Caused The Project To Ensure The Security System For The Study

Since the reform and opening up, China's economy has been in a rapid stage of development, construction investment demand is strong, but because our country's economic foundation is still relatively weak, the corresponding construction funding gap is also great, with the construction market imbalance between supply and demand, the relevant system is imperfect, and other reasons, appeared in various forms of domestic contracting Loaning phenomenon. January 1, 2005 start of the Supreme People's Court "on hearing Construction Contract Dispute Cases interpretation of the law applicable to the problem" from the legislative level to resolve the legality of the project Loaning, but it works on behalf of my Loaning issues have been satisfactorily addressed. China's construction engineering works there are still serious money and wages for migrant workers in arrears, is difficult to guarantee the project quality, construction market, low credit problems.Project Guarantee system as the construction of an international commitment to protect contracting parties to fulfill the contract as an important credit instruments, but also works contracts by an effective means of risk management has been implemented for one hundred years. Project Guarantee essence of the system will be a new subject (guarantee guarantor) introduced into the construction field, with the other two of the main construction (Owners and contractors) together constitute a new tripartite main body, through the market credit mechanism The role has been reached between the interests of the three constraints aim to standardize the construction market. That is guaranteed by means of project guarantees, in the event of default by the guarantor, the interests of creditors will be protected.Project Guarantee system in the Western developed countries have formed a complete system, a set of sound operation of the mechanism. With economic development and the influx of foreign capital, China has embarked on a project to ensure the security system of exploration and practice. I believe that only the establishment of projects to ensure the security system, the use of market credit mechanism, China's construction market would certainly have been faster and better development, and therefore works to ensure the security of the system has a very important theoretical and practical significance.