Thoughts On Improving Guiyang City's Capacity Of Raising Capital For Reconstructing Shanty Towns

As a major project concerning people's livelihood and development,the reconstruction of shanty towns is an important measure carried out by China to reconstruct old and dangerous houses in towns and cities,improve the living conditions and living environment of poor families,perfect the functions of cities,promote the coordinated development of society and economy and realize cities'strategic aim of modernization.It undertakes the“housing”dream of millions of people with medium and low-level incomes.Meanwhile,the residents of shanty towns are also in urgent needs of the improvement in their living environment.As the commercial values of each region becomes high and the reconstruction of easily-reconstructed regions is basically completed,the reconstruction of shanty towns in the“13^th Five-year Plan”is a difficulty that can hardly be solved.Meanwhile,the biggest problem of capital also becomes increasingly significant;capital-raising becomes increasingly difficult and the contradictions between supply and demands need to be solved urgently.Meanwhile,governmental departments that serve and benefit the masses can hardly continue carrying out livelihood projects by the means of“seeking revenues through land and making governments paying off all debts”.Moreover,the contradictions between capital and supply increase keep increasing.This tendency urges governments to reform their former manners and start to explore better methods of raising capital.For example,they should try to apply for capital from superiors,introduce social assets,win support from financial institutions and give play to the role of the crowds'willingness of raising capital themselves,thereby working hard to improve their levels of raising capital independently.This paper researches the improvement of Guiyang's capacity of raising capital for reconstructing shanty towns.By adopting the research statistic method,the comparative research method and the case research method,the thesis analyzes and summarizes relevant materials.Meanwhile,the thesis adopts the time sequence method to set up the ARIMA model and linear regression model to prove the severe situation of increasing governmental debts and the fast increase in the demands for raising capital to reconstruct shanty towns.Meanwhile,it points out the necessity and importance of improving the capacity of raising capital for reconstructing shanty towns.By improving its capacity of raising capital,Guiyang can accelerate its process of reconstructing shanty towns,alleviate the financial pressure on local government,carry out precision poverty-relief work and promote the construction process of urbanization,thereby helping the city to win over competitiveness.Next,the author analyzes a large number of data materials,discusses the current status and issues in the capital-raising of Guiyang City for reconstructing shanty towns.Meanwhile,the author points out that Guiyang's capital-raising for reconstructing shanty towns is still in the preliminary phase of explorations and there is a gap between it and cities in developed countries and partial cities in China.The author of the thesis thinks:The improvement of Guiyang City's capital-raising capacity for reconstructing shanty towns can be accomplished with one action.Instead,it needs the joint efforts of the government,platform companies,social assets,financial institutions,the masses and personnel of all walks of life in the society.Meanwhile,the government's effort of motivating the initiative of all roles and balancing the relations between interests is the key to improving its capital-raising capacity.For this reason,the thesis proposes seven specific countermeasures of improving Guiyang City's capacity of raising capital to reconstruct shanty towns:Regarding the project,carry out an overall and coordinated balance;regarding strategies,it should improve the values of land by insisting on“planning leads diversified development”;regarding the object,it should give play to the government's orientation role to carry out allocation of resources;regarding policies,it should utilize the current policies and make innovations in characteristic mechanisms;regarding the capital,it should try to seek various types of capital from superiors actively;regarding the efficiency,it should master time nodes to improve the efficiency of utilizing capital;regarding the innovation,it is necessary to try PPP and capital stock model and adopt various types of measures to reach the outcomes of improving raised capital.In conclusion,capital-raising is an important task faced by the reconstruction of shanty towns and is the key to solving the difficulty of reconstructing shanty towns.Faced with such a challenge and opportunity,Guiyang City should work hard to improve its business level,implement basic work with steady efforts and make bold innovations in various models,thereby improving its capacity of and contributions to capital-raising.