Research On Debt Risk Control Of Harbin City Investment Group

After the financial crisis in 2008,under the impetus of the “four trillion”investment and financing platform achieved the first round of rapid expansion;after 2011,in order to speed up the urbanization process,relying on local governments as guarantees,investment and financing platforms to increase financing Debt,achieved a second round of rapid expansion and promoted local government debt growth.Local government investment and financing platforms have also accumulated large-scale government debts while meeting social public needs and local economic development.There are many debt problems such as excessive debt scale,excessive debt growth rate,and huge debt risk.In this context,H City Investment Group hopes to comprehensively analyze the factors affecting its own debt risk and determine the level of debt risk to effectively implement the control of debt risk.Through a large number of relevant domestic and foreign references and field examinations,the local government investment and financing platform has been deeply understood.Take Harbin City Investment Company as the research object,first introduces the basic situation of the Corporation and its business operations,and then analyzes the factors affecting its debt risk from the debt repayment environment,debt repayment source,solvency and internal control of debt management;Introduce the debt risk evaluation system of local government investment and financing platform,and calculate the weight of each level of Harbin City Corporation's debt risk by making questionnaires and AHP.Combined with the previous analysis of the four aspects of Harbin City Corporation,We have summarized the current debt risk of H City Investment Company into the debt risk caused by macro policy,the debt risk caused by weak self-profit ability,the debt risk caused by the failure of the government compensation policy,the debt risk caused by the failure of the internal control system,and the credit rating.The debt risk caused by the downward adjustment;finally,from the group level,put forward measures to control the debt risk of H City Investment Group.