Research On The Transformation Of Government Functions In The Market Transformation Of Local Government Financing Platform Companies In H City

After the reform of tax sharing system,in order to alleviate the financial pressure of local government infrastructure construction,local governments began to set up financing platforms one after another to be responsible for financing all kinds of public infrastructure construction projects.Especially after the outbreak of the financial crisis in 2008,the state has issued a series of documents to encourage local governments to set up compliant government financing platforms,broaden the financing channels for investment and construction projects,and establish financing platforms set up by local governments throughout the country.It can be said that with the promotion of urbanization,local government financing platform plays an important role in the field of urban infrastructure construction.However,in 2014,the state issued a document to divest the financing function of local government financing platform companies,regulate and restrict the debt financing behavior of local government financing platform companies,and how to realize the strategic transformation to meet the development needs of contemporary economic society,What kind of changes will local governments make in the transformation and development of financing platform companies? This issue has become a hot topic in the community.This paper studies the transformation of government functions in the process of market-oriented transformation of local government financing platform companies in H City,summarizes the problems faced by the government in the process of market-oriented transformation of financing platform companies,analyzes the causes of the problems,and puts forward the corresponding solutions.The market-oriented transformation of local government financing platform companies is of great significance for the construction of urbanization in China.In this process of transformation,the government must change its role,from the "all-round" government to the "service-oriented" government providing services for financing platform companies.From the perspective of the central government,we should strictly control the debt risk of local governments,introduce policies for macro-control,and promote the sustainable development of local government financing platform companies;Local governments should deepen the reform of state-owned enterprises,effectively achieve the separation of government and enterprises,improve theefficiency of government services,and improve the operational autonomy of financing platform companies.Local government financing platform companies should increase their hematopoietic capacity,improve the talent mechanism,and strengthen the modern management of platform companies,so as to successfully complete their market-oriented transformation and upgrading.Through the research on the transformation of government functions in the process of marketization transformation of local government financing platform companies in H City,we hope to promote the implementation of strategic transformation of local government financing platform companies,and provide some suggestions and references for the realization of marketization,modernization,specialization and standardized operation of platform companies,so as to fundamentally improve the regional economy and urban development,To achieve the goal of China’s new urbanization construction with high quality.