Study On Risk Management Of Local Government Financing Platform

In recent years,‘risk prevention’ is the key word in the economic field of our country,the local government financing platform is a kind of financing mode which was born in the specific environment in our country,and it has played a positive role in resolving the contradiction between the local financial power and the power of governance.For the expansion of domestic demand,to maintain growth,promote stable and rapid economic development and industrial transformation and upgrading into a powerful force and funding,lack of financial resources,effectively solve the problem of shortage of funds,and effectively promote the city infrastructure construction.However,the development of new things is always accompanied by a variety of problems,local government financing platform and the risk of a huge risk prevention is the most important issue.This paper studies the risk management of local government financing platform,which is of great practical significance to ensure the healthy development of local government financing platform and ensure stable and rapid economic growth.This paper uses the theory and thought of risk management,financial management,using literature research method and quantitative analysis method,combining theory and practice,based on the local government financing platform research and information search,focus on the analysis of local government financing platform risk research of typhoon,systematically combing the previous after absorption by further digestion,learn to master the methods of risk evaluation system design,puts forward the countermeasures and suggestions of risk prevention and control of local government financing platform,and the M city investment company as an example and proposed risk prevention measures.First,identify the characteristics of operation of local government financing platform is systematic,complex and multifaceted,driven by the local government,through the operation of the market,make an inventory of state-owned capital,the introduction of private capital to promote the city infrastructure construction,enhance the level of urbanization.Through platform financing,investment will be made by the will of the government,and financial capital should be leveraged as a lever to lift the effect of huge private capital.Secondly,through risk identification,to find out the risks and grasp the pulse,in order to achieve the goal of controlling and preventing risks,and using AHP and fuzzy comprehensive evaluation method to reflect the degree of risk comprehensively and accurately.Finally,put forward targeted prevention and control recommendations,through internal and external combination,multi angle,multi-level effective response,with a view to the local government financing platform effective prevention and control of risk in a healthy and orderly direction.And through the M city investment company risk assessment analysis,put forward prevention and control recommendations.The local government financing platform produce more complex issues and many influencing factors for the prevention of the risk of platform.There are two aspects of internal and external expansion,by the local government,financial institutions and their level of platform and other aspects of joint efforts,prevention and control of risk response force.First of all,to enhance the level of government debt management,establish a sound risk warning mechanism,pay attention to the improvement of corporate governance structure and clear positioning platform evaluation system,strengthen supervision,and effectively reduce the system risk financing platform.Secondly,the company in its own operations to strengthen the management of the project and actively expand market-oriented financing channels,and effectively enhance hematopoietic function,to overcome the high degree of dependence on the outside,enhance the company’s revenue to achieve quality.Finally,financial institutions should strengthen communication on the basis of strict examination and approval of project loans,risk prevention must also bear the responsibility for social development,coordination,good risk prevention,continue to provide strong support for promoting the development of society,promote the local government financing platform for healthy sustainable development.