The Risk Of Local Government Investment And Financing Platform And The Countermeasure Of Transition

Local government investment and financing platform in the improvement of the local government financing channels,expanding the financing means to accelerate the construction of public infrastructure,and to maintain steady and rapid economic development at the same time,the potential huge risks are gradually surfaced.With the liberalization of monetary policy and credit policy,the local government financing platform as a local government to implement the urbanization and fixed assets investment task of economic organization,has experienced a rapid development process,followed by a huge government debt Hidden danger.In order to prevent local government violations of debt financing caused by systemic financial risks,the state of debt risk control policies have been introduced.Therefore,the development of local government financing platform has entered a period of passive transition.In the future,there will be a new wave of public-private joint venture in the world.In view of the above research background,this paper first studies the development of local government investment and financing platform and its related concepts and the development process of local government investment and financing platform,and expounds the current situation of domestic investment and financing platform and the current situation of existing transformation direction;The risk of the classification,and trace the causes of the current risk of the four major reasons for the demonstration,once again developed countries,local government investment and financing platform to start earlier,the formation of many existing achievements,cases,experience for our study,so this article Finally,aiming at the three paths of transformation and transformation of local government investment and financing platform(liquidation,exit,transformation),the paper analyzes the transformation and transformation of foreign investment and financing platform in China.Try to put forward three kinds of countermeasures,and for the current country to vigorously promote the PPP model to case analysis of the way to make a summary of experience and optimization program.