Research On Financing Mode Innovation Of Jilin CK Construction Corporation

During the next National Twelfth Five-Year Plan period,planning goals have formulated in most of regions. Local governments have intense demand for funds to complete the goals, which determines the local governments to reaction and development orientation in the future. Early 2010,"Chang-ji-tu development"is ecome national Strategic,Our province comprehensive execute related deployment and requirements,which ring precious opportunity to the province development. Meanwhile,local government's financing requirements are ecoming more exuerant. To resist economic crisis, guard against economic depression,The government issued a series of policies to stimulate economic growth in 2009. Local governments enefits y easy monetary policy,so det financing expansion rapidly.corporation operates non-standard,Local governments guarantee illegally, The risk of det is increasing,government det ratio continued to increase, these prolems egan to reveal a series of drawacks.To address these issues and maintain healthy economic development, some Regulatory documents are Introduced ,such as"Three ways, a guide " and State Council on strengthening local government financing platform management issues related to notice Regulatory documents to stop the illegal guarantee acts of local government.According to the instruction of the government issued document No. 19 and the four ministries and commissions'document, specificate national det,stop platform credit.The current regulatory policy has not allowed to funding through the original platform.The fact is that there is no fresh and continued Injection of funds,the pressure of det is tremendous. Local government face the risk of funds'strand is roken. In addition,"Twelfth Five-Year Plan"gives tremendous pressure to government, local economic development exist a lot of financing needs, and the local governments need a workale way of financing. Jilin CK Construction Co., Ltd. is a financing platform of Jilin city hall. Through researching analysis financing platform of the jilin municipal government funding formula innovation, this paper trying to uild a project financing mode that can adapt to regulatory requirements and is complete in"Loan, using, management, loan".To uild a new financing ody that can market operate, diversified operate, have free cash flow and sustantial assets. It has milepost sense in some level. The local government financing platforms of the whole province even the whole nation loan compliance and moderate through the way of reference, replication, and promotion of the model,and the concept of development sex finance will make a greater contriution to the field of enhancing national power and improving people's livelihood.