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Local Government Investment And Financing Platform Debt Management Research

Posted on:2018-08-20Degree:MasterType:Thesis
Country:ChinaCandidate:Y ShiFull Text:PDF
GTID:2359330518478921Subject:Master of Finance
Abstract/Summary:PDF Full Text Request
Local government to rely on the financing platform of this external source of funds,not only can effectively reduce the pressure on the lack of local infrastructure funds,but also to a large extent stimulated the domestic financing needs and investment needs,speed up China's urbanization,industrialization process The However,the local financing platform to reverse the rapid decline in China's economy at the same time also caused a lot of hidden dangers.Due to their own extraordinary development,has brought increasing debt risk.In this paper,the state-level new district Guian New District,local government investment and financing platform-Guian New Development and Investment Company as an example,a brief analysis of its debt status and solvency,and then build its infrastructure investment in financing activities in the cash And then analyzes the key factors that have great influence on the risk of debt service,and then summarizes the innovation model of the debt management of Guian New District Development Investment Company and puts forward the corresponding innovation model.Policy recommendations,and thus the local government investment and financing platform for the company's debt management play a reference role.After analysis,for Guian New District Development and Investment Company,under the existing plan,the cash flow in the next five years in good condition,affecting its solvency is the key factor in its financing capacity and return on investment,local government Investment and financing platform companies to achieve good debt management needs to strengthen the investment and financing model of innovation,improve the management capacity of funds,and to achieve market-oriented transformation.
Keywords/Search Tags:local investment and financing platform, Guian open investment, sensitivity analysis, debt management
PDF Full Text Request
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