A Study On The Transformation Of Investment And Financing Platform Of Local Government In China

Local government investment and financing platform company is where local government response to the limited resources and increasing the contradiction of financing of infrastructure construction,Is the important tool of local governments to make up for a lack of construction funds, in a period for Chinese cities to expand scale, enhance the level of urban public service has played an important role in financing。But also different levels of local government financing platform company has some problems, especially in September 2014 the state council issued "on strengthening the opinions of the local government debt management"(guo fa [2014] no. 43). Clear requirements stripping functions of government financing, investment and financing platform company actually blocked management model of investment and financing platform company original path forward.This paper through the analysis of S city urban construction investment company, and study the domestic success stories, induction method and statistical analysis, from the perspective of government management for government investment and financing platform company to explore a feasible, sustained and healthy development to the transformation of the road.