Research On J Platform Company's Financing Ability And Financing Quality Improvement Strategy

Urban Construction Investment Company(UCIC)was built by local government to invest for urban and rural infrastructure projects.Which includes various investment companies of urban-construction,traffic and infrastructure.In China,unreasonable proliferation and unbalanced development of UCIC brought risks to the country’s financial security due to irrational division of financial authority and power between central and local government.In 2014,the State Council issued policies on management of local government debt to regulate financing behavior and empower debt financing for local government,and also require them to speed up the establishment of regulatory debt financing mechanism.With the changing of national macro-economic regulation and control,it’s very difficult for UCIC to realize transformation to get a further development,which will also bring impact for local economic development.Company J,a leading enterprise of UCIC,has finished innovation of transformation successfully during the past five years.In order to get a positive interaction between enterprise development and urban infrastructure construction,between public welfare capital and operating capital,between industry development and capital operation,and also realize win-win between government and enterprise,it’s urgent for UCIC to take a series of measures on aspects of commercial transition,marketing operation,optimization of industrial layout and standardized management.On base of systematic analysis on current situation of operation and management,historical performance and future challenges,the paper,with the help of SPSS,identified and analyzed critical influential factors on financing capacity and quality according to financial data from 2009 to 2015 of the company.From which,the paper concluded that operating receipt had a critical impact on company’s financing capacity and quality,and gave solution strategy on transformation and industrial distribution.The paper was created in the hope of providing guidance for survival,development,strengthening and administration of UCIC,and also resolving local debt risk.