Chengdu City Government Financing Decision And Risk Control Of Case Studies

In recent years,the local government establishes financing platform company for debt financing,which raise funds for local economic and social development,and it also strengthens the infrastructure construction and has a positive influence for easing the impact of the international financial crisis.But some urgent issues of great concern appears at the same time,such as the irregular management and operating system of the financing platform company,the rapid expansion of financing platform,the violation of credit guarantee of the local government and the increasing of the paying risk.Therefore,it's necessary to study the financing decision and risk control of infrastructure construction of the local government.Based on the analysis of the financing model,the financing decision and risk control of infrastructure construction of the local government has been studied,which taking the Jin Fenghuang Road construction program of Northern Reformation of Chengdu as an example.Some solutions were proposed,which can provide a useful reference for local government in the decision-making and implementation of similar projects.Based on the local government financing risk management theory,the analysis method of theoretical research and case analysis is used,the financing decision and the risk factors of Jin Fenghuang Road construction program of Chengdu was studied,moreover,the risk situation and the control methods of risk is also researched.Through the literature survey method,the relevant research results at home and abroad was collected,analyzed and summarized.And the valuable point of view was found out,which can be used for the theoretical basis for the study of financing decision and risk control of infrastructure construction of the local government.Summarized the risk control theory and method of the local government financing platform,and the theoretical foundation for the following study of the project was provided.According to the analysis of domestic and foreign local government financing mode,this paper studied the problems and advantages of different models,which can provide reference for the financing model(Built-Lease-Transfer)of the project.Through the introduction of the basic situation of the government financing of the Jin Fenghuang Road project,a case basis for the project of financing decision and risk analysis was provided.Based on the analysis of local government financing decision-making model and risk control,the government financing decision and risk control of Jin Fenghuang Road project was analyzed and identified,and the risk control measures were studied so as to provide reference for future projects.