Local Government Investment And Financing Platform For Risk Analysis And Strategy

With the 2009 State 4 trillion economic stimulus plan, credit funds of banks surged, and a large portion of the funds flowed to varieties of local investment and financing platform. Second half of 2009, local investment and financing platform for credit risks by state agencies and all levels of public concern, the People's Bank, China Banking Regulatory Commission, NDRC and other regulatory department has given notice to request the local governments, strict monitoring of all local banks Government investment and financing platform for credit risk.The reason why the investment and financing platform for local governments at risk, due to its own business model caused. Local government investment and financing platform for the entire business model is a continuous cyclical process, in which the core of the problem is that land prices, rising land prices is a necessary condition for the whole cycle, if land prices decline in the event of a large, local government investment risks arising from financing platform will be enormous. Although many experts have a definite opinion on the issue, but few have demonstrated a comprehensive study of the problem. This thesis is based on the starting point, systematic exposition of the problem. The structure of this thesis is divided into five parts. The first part is an introduction, describes the background and significance of topics. The second part is an overview of local government investment and financing platform. By the definition of local investment and financing platform, background, history of the elaboration of the thesis leads to the main content. The third part is the local government investment and financing platform for risk analysis. Through the local government investment and financing platform business model analysis to identify local investment and financing platform for all kinds of risks that may arise. Part IV is to defuse the risk of local investment and financing platform proposals. By the previous part of the analysis, the effective investment and financing platform for resolving local government proposals. The fifth part is the full summary.Research findings show that the local government investment and financing platform for the risk of madness has caused lending to the larger situation, if not promptly take appropriate measures, which may jeopardize the national financial system and the safe operation of the financial system. According to local investment and financing platform for the risk arising from deep-seated reasons, to develop appropriate measures for risk prevention and resolve to effectively control risk. The risk of investment and financing platform for the local government's resolve must adhere to the "length of the combination of" the principle that the measures taken must proceed from the long-term, systematic solution to the problem, should not "stop-gap", otherwise can not resolve the risk, and may even increase risk.