The Discussion Of -local Government Financing Model

Our courtry's economic growth has been under serious threat after the global financial crisis of 2008. At the end of August in the same year the central government introduced a four trillion economic stimulus plan.This leads to the rapid expansion of the scale of local government finance.With more national and provincial attention to the marine economy, the unique geographical advantages, the rich resources and the potential advantages in Zhoushan further underscores the strategic position across the Yangtze River Delta and during the development of the country's marine economy. It is providing Zhoushan with major historical development opportunities. InYangtze River Delta Regional Planning ,it is clearly seen to build Zhoushan Integrated Development Zone of Ocean. In recent years, Zhoushan accelerate construction of infrastructure and has made remarkable achievements.However, the problems in Zhoushan exist in the process of financing compared to the surrounding areas. For example, its narrow financing channel, and single-financing mode, etc. Therefore, the in-depth study of local government's financing model in Zhoushan will promote economic development in the Yangtze River Delta region , improve road traffic conditions, and promote the economic development of local characteristics of Zhoushan. All of these are very necessary.This article is divided into six chapters. The first chapter discusses under the economic and social background, elaborates the theoretical and practical significance of local government's financing. Based on financing theory in modern western economics, chapter II introduces the local government financing modes and research status at home and abroad by the theory and practice, providing a theoretical basis for the later writing. Chapter III gives a brief analysis. Proposing the model which can be used in the future, Chapter IV introduces a comprehensive and major financing model government financing. Chapter V analyzes the main problems existing by the empirical analysis way. The final chapter presents relevant principles and strategies of optimizing model and describes the new ideas of optimizing government's financing mode in ZhouShan based on exsiting problems.