Study On The Development And Transformation Of Financing Platforms At The Countv Level In China

In recent years,as China’s economy enters a "three-phase overlay" phase of growth-shifting,structural adjustment and digestion of stimulus policies,local debt problems have drawn much attention because of its potential to trigger systemic or regional financial risk.Preventing local debt risk and transforming tens of thousands of local financing platforms is undoubtedly one of the most pressing issues at present.As a major component of financing platform,it is of great important practicality and urgency to transform for the county-level financing platform.Under the background of strengthening debt management and accelerating the market-based transformation of financing platform in our country,it is of great theoretical and practical significance to conduct an in-depth research on the transformation path and effective model of the county-level financing platforms.Based on comparing and summarizing the development status of 476 county-level financing platforms,this article analyzes the necessity and relevant theories of county-level financing platform,and summarizes the existing transformation model and experience of financing platforms.On this basis,this essay chose Anji investment platform as a case study to conduct.As an "experimental field" for the marketization reform of county-level financing platforms,Anji Investment platform has formed a complete transformation model in the three major aspects of management system,business layout,and financing innovation,it is of extensive reference.And its transformation has entered a critical period,with a typical representative,it must further clarify the development of ideas in order to truly complete the transformation.Therefore,based on research visiting and public information,this article comprehensively analyzes the current situation and the specific measures to seek transformation of Anji investment platform.Then,this article uses the standard SWOT method to deeply analyze its own advantages and disadvantages,as well as external opportunities and threats,and further clarify the company’s future development direction and transformation strategy.This paper argues that there are following suggestions for Anji investment platform during the crucial period of transformation.On the one hand,Anji investment platform should strengthen its existing advantages in market-oriented management and diversified business operations,refine its operating guidelines,focus on nurturing business operations,and enhance its own hematopoietic capacity.On the other hand,it should seize the opportunity to make full use of the asset resources and location advantages,speed up the construction of a market-oriented investment and financing system,resolve the stock debt risk,and gradually get rid of dependence on finance.Finally,combined with the analysis of the full text,this article puts forward the general idea of the transition of the county-level urban investment platform in China.