Structured Risk Analysis Of Urban Infrastructure Investment And Financing Platform

In order to ensure the healthy and sustainable development of the localinvestment and financing platform in China, Chinese government in2010issued aseries of investment and financing platform clean-up policy with the Developmentand Reform Commission, Ministry of Finance, People’s Bank and the CBRC fourministries jointly.It is clearing of the debt problems of local investment and financingplatform management.Firstly, the article summarised the status of policy, in the course of thedevelopment of the infrastructure investment and financing platform. Then based onthe data analysis, showed up the problem of platform.Infrastructure investment andfinancing platform structural the risk was defined and described.Secondly, the article based on literature review and case analysis, identifiedstructural risks list of infrastructure investment and financing platform influencingfactors. And further identified three list of indicators, including two1indicators,seven two indicators three of the23indicators through expert interviews. Covers aswell as according to the experts’ experience has given the research value of theindicators.Followed by the design of the questionnaire and recover important analysis of thequestionnaire results, the paper combined cluster analysis and discriminant analysis ofa variety of quantitative methods. The results found that the risk of pre-identifiedinfrastructure investment and financing platform structural impact factors can befurther divided according to the probability of its occurrence and the seriousness ofthe consequences.Finally, based on literature analysis and the practice summary, the papercombined development experience of Shanghai City Investment Company.Proposedstructural risk control means for urban infrastructure investment and financingplatform. And methods of circumvention emphasized the dominance of thegovernment’s.