Research On The Transformation And Development Of Local Government Financing Platforms

The local government financing platform has gradually become an important tool for local government financing with the gradual maturity of the land finance model in the early 1990 s.However,the excessive expansion of the local government financing platform has attracted the attention of the regulatory authorities.The centralized introduction of various systems has made the supervision of financing platforms more and more strict.As a local government financing platform integrating urban development,construction,investment and financing,and state-owned assets,XX City Investment Group has a single financing channel,insufficient solvency,lack of investment and financing planning,marketization and low industrial cultivation capacity.And other issues,in the new situation,making its transformation needs become urgent.Based on the actual situation of XX City Investment Group and the objective needs of transformation and development,this paper uses literature research method,investigation analysis method and SWOT analysis method,and follows the research ideas of finding problems and analyzing problems finally.Starting from the development status of the company,through the field visit,investigation and collection of relevant information,analyze the development status of XX City Investment Group and the problems it faces and the causes of the problems.After analyzing the internal and external environment of the company with SWOT analysis,the paper proposes the strategy of enterprise transformation and development,and proposes the safeguard measures related to transformation and development.The study found that the transformation and development of XX City Investment Group needs to be transformed into four strategies: transformation of business model,improvement of financing capacity,optimization of asset management and strengthening of risk control.It is based on policy and financial resources,management system,talent team and corporate culture.As a safeguard for transformation and development,it provides innovative,feasible and concrete suggestions and ideas for the transformation and development of XX City Investment Group and other local government financing platforms under the new situation.