Research On Debt Prevention And Control Risk Of Local Government Investment And Financing Platform Taking Xiangtan City Investment Company As An Example

The local government investment and financing platform company is accompanied by the solution of the contradiction between local development and capital sources.It first emerged in the 1980 s,and its earliest birthplace is Shanghai,the economic center of our country.In order to adapt to the great development and prosperity of politics,economy and society,the local government investment and financing platform company has gone through four major stages: budding stage,slow developing stage,frantic expansion stage and rectifying standard stage.With the increasing prosperity of the city,the debt of the local government investment and financing platform and the implicit debt of the local government are gradually extending out,if not carried out in time.In order to rectify,standardize and resolve the debt risk,it will change from partial risk to global risk,from single risk to system risk,from individual risk to national risk.When the local government investment and financing platform companies borrow and occupy land,if they exceed their limits,they will slowly accumulate a large number of financial and investment risks,and eventually form a financial risk in China.Even the risk of hindering economic and social development will become a stumbling block on the road to deepening economic system reform.It will cause great harm to the country and society,and it will be forewarned in advance and actively deployed to prevent and control debt risks.It will also be of great significance to the whole country and society.Local government investment and financing platform company debt prevention and control,in reducing social financing costs,speed up the process of market-oriented interest rates,for private enterprises To make room for development,to reduce the living cost of the people,and to reasonably expand the operation space of monetary policy will have a great positive impact in the process of implementing the national macro policy.This paper has carried on the systematic research on the local government investment and financing platform and the local government debt risk prevention and control,and hopes that through the research,the local investment and financing platform debt risk prevention and control can be optimized.