Research On Local Financing Platform Construction Under The Background Of Economic Development Mode Transformation

Under the background of the transformation of economic development mode In our country, local financing platform has active sense already, also because of institutional deficiencies hindering the transformation of mode of economic development. Along with the city of motor development, local government financing platform product and expand rapidly. However, China’s local financing platform regards local government finance as the main final repayment guarantee, The operation of which is not standardized. In recent years, local government debt rises, Local government financing platform once insolvency, local government finance is also very difficult to ensure that has the ability to repay. This will lead to financial risk and credit risk. And because our country government is of single system, local government can not be bankrupt. Local fiscal deficits can be passed on to the government at the next higher level or the bank. Then, local finance and credit risk has the potential to transform the financial risk and social risk. So standard the local government financing platform as soon as possible. This paper explores the theory of government financing and its historical origin, to the sum of local financing platform main financing mode is discussed in detail the concept of local financing platform;Through the analysis of the transformation of economic development mode and the relationship between the local financing platform, the article introduced the main. On the problems of local financing platform before the introduction of the economic development and the financial crisis in the positive sense; From the angle of system transformation is analyzed the problems of local financing platform, and in the light of the existing problems and puts forward the corresponding countermeasures.