| In the modern market economy,the role of local government financing for key projects in promoting economic construction and development become more and more important.At the same time,whether the function of the financing of the key projects can play effective is a sign of measuring the effectiveness of local economic construction.The study of local government financing for key projects in China started late than Western countries.In a sense,the model of the local government financing and risk assessing for the key projects is a relatively new thing.The study on the structure and model of the key projects financing is not only an investigation for its ability,but also a test of the efficiency of the existing model after a difficult development.In combination of domestic and foreign scholars on the financing of local government,we choose the five counties of Qingdao(the city of Jiaonan Jimo Laixi Jiaozhou Pingdu)as examples.According to the statistical data from the year2000to2010,with the example of the fixed capital,we study the risks and problems in the process of the key projects financing.Then we study the example of Qingdao City.With the financing plan,we analysis the development of financing in the future five years from profession,the source of the fund and the comparison with the speed of GDP development.After analysising and researching the key projects financing of local government from overall,we conclued that:in our country,the channel of key projects financing is single,the scale is too large,the risk assessment mechanism is incomplete as well as the the projects structure in financing is imbalance.We suggest:The local governments should innovate the financing model,open up the source of financing,make full use of all kinds of funds;plan the scale of financing from the local conditions;make the risk estimation model and management system perfect;balance the financing structure from profession,source of funds and financing scale and so on. |
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