Perfection Of Local Government Financing Platform Legal System

In response to the American subprime mortgage crisis triggered by the global financial crisis on the negative impact of China’s economy, our country implemented a proactive fiscal policy and a moderately easy monetary policy in 2008.As a result, the growth of the national credit abnormal rapidly, and therefore local government financing platform developed rapidly,local government debt risk accumulation. So standardize existing local government financing platform, analyze platform company’s legal system problems and risks also is necessary.The notice of the State Council in June 2010, request to strengthen the management of local government financing platform, promptly eliminate verification and properly handle the debt financing platform. Since then, local governments have issued policy to carry out the renovation work of financing platform. Many scholars began to focus on the development of the financing platform, from different angles to analyze its existing problems. So far, there has been a lot of related works, but mainly from the perspectives of economics and management problems of financing platform system, and only a few scholars start thinking from the angle of law. In this paper, based on legal perspective, the existing theoretical research at home and abroad, through the definition of financing platform, the present situation and the analysis of existing problems in legal regulation, put forward the improvement of the unique way, hope to contribute my own strength to solve the most urgent problem of the current social.In this paper, the main research methods: literature research, comparative analysis, case analysis and induction, through carding the latest research dynamic, and based on the research status at home and abroad are determined on the basis of comparative and analysis, than work out the framework and content. Innovative achievement of this paper is put forward to establish investment and financing of local government responsibility system and the establishment of public finance law mechanism, relevant rules have yet to be perfect.