The Research On The Investing-Financing Of City Infrastructure Construction In Yancheng City

City infrastructure construction is the pre-condition of speeding up urbanization. It is positively correlated with urban economy as well as the national economy. In recent years, all cities of China have been promoting city infrastructure construction to expand domestic demand, increase the country's financial revenue and promote the rapid growth of the national economy。Yan Cheng is one of the provincial-level cities in the midland of coastal areas in Jiangsu Province. Due to its relatively backward economy and many other reasons, it has several long-overdue projects in city infrastructure construction. As "the rejuvenation of the North area of Jiangsu Province and coastal areas development" is raised to the Country Strategy, the demand for city infrastructure construction has become higher. Problems from investing-financing of city construction have become more and more serious. Under the circumstances, the government of Yancheng City keep exploring and progressing the investing-financing market reform of the city infrastructure. They set up an assets operation and management company to act as the investment main body for the investing-financing of the city infrastructure construction. Since its existence, the company have been actively utilizing financial institutions loans, assets operation and management, city operation, land appreciation and so on to raise construction funds, thus they find a new investing-financing way of "government-orient, supported by developing land resources, state investment company being the main force and appreciation of City sources being the debt-paying", which promoted the infrastructure construction of Yan ChengBased on the research of the characteristics of city infrastructure and the theories of investing-financing of city infrastructure, such as Marxist theory of labor value, the marketability of infrastructure, item division theory and so on, this dissertation points out that as a relatively special commodity, city infrastructure should have all the properties of the commodity and that as a industry, its natural monopolization is changing, its main investment body is changing too. On this basis, this essay analyzes the development process, existing problems and the main investment model of Yan Cheng's city infrastructure investing-financing and puts forward the investment model whose main body is investing-financing company, which is the most effective managing mode of current city infrastructure's investing-financing for Yan Cheng. In the last, the practice of Yan Cheng's investing-fmancing company is analyzed deeply. According to the investing-fmancing experiences of China's municipalities, capital cities and the provincial-level cities, the investing-financing thoughts of Yan Cheng's investing-financing company are provided.