Study On The Financial Risk Warning Of City Subway Project Based On PPP Mode

The level of urbanization is one of the criteria for the degree of development of a country,and the development level of urban rail transit is one of the indicators to measure the comprehensive economic strength of a city.The development of urban rail transit is very useful to alleviate the growing urban diseases in recent years.With the broad masses of people on the daily travel convenience and demand,urban rail transit construction is facing new challenges.In terms of the government,how to reduce their own financial pressure under the premise of the masses at the same time to meet the requirements of travel is worth thinking about a problem.At present,the public-private PPP financing model has been vigorously promoted by the state.Compared with other financing model,PPP model allows the government and the private sector to play their own policy and financial advantages.However,the PPP model in China's development is not yet mature,there are many problems to be solved,for example,PPP project construction and operation of the cash flow has a lot of uncertainty,so that the project has a lot of financial risk,how to reduce or To avoid the project's financial risk,so that the successful completion of the project and safe operation has become an important problem to be solved.Therefore,it is very necessary to carry out financial early warning of urban rail transit projects from the perspective of cash flow.Xi'an subway Lintong line(line 9)a project is the first in Xi'an to use PPP financing mode of construction of the subway lines,the application of PPP financing model,to a certain extent,ease the financial pressure of the Xi'an municipal government,the smooth completion of the project and the normal operation of the project,it is necessary to PPP mode under the Xi'an subway financial early warning,to reduce the project construction period of capital flow risk,operating profit and debt risk,Income level has an important role in promoting.