Reasearch On Local Government Financing Platform Development And Countermeasures

The local government financing platform is a great innovation for the financialsystem of local government financing mechanism, the platform to improve the local publicservice and promoting our country’s urbanization, industrialization development is veryimportant. At the end of2008, The local government paye attention to the construction ofgovernment financing platform increasingly in order to coordinate the economic stimulusplan of central place government.The platform gives full play to its place in theinfrastructure construction and other social public service domain role. The platformprevents economic downturn, maintaining stable and rapid economic and socialdevelopment. In the development of local government financing platform, there came to bequestions which need to solve.These causes of the problems are the financial system,"super economy" of commercial bank, independent platform. We should take effectivemeasures to respond these problems. The following is the main content of this article andconclusion:First, this article analyzes the present situation of the platform, reveals the problemsof the platform, such as a single financing subject and a high degree of centralization, andthe government and the bank double ignore the platform.Second, this article constructs the comprehensive cause index system of our localgovernment financing platform’s problem, and analyzes the results. The financial system,‘super economy’ of the bank, and the dependence of the platform are the main reasons.At the last, this article puts forward effective measures about developing the localgovernment financing platform. Ths first is the innovation of the platform developmentmodel. The second is the regulation of the platform operation mechanism. The third is theconstruction of the government and the bank double regulation model. The last is thecultivation of new economic growth points.