Research On The Control Of County's Projects Credit Risk Of China Policy Bank

In the time of economy globalization, the national policy-type finance already becomes the fountainhead of the project constructions, such as the developing country infrastructure, which is also a powerful weapon to speed up national civilization and realize the comprehensive sustainable development in state's economy, ecology and the whole. The extreme success in the local infrastructure of the developed country by policy-type finance, play a vital role to the entire national development and prosperity, and the quite complete risk control measure has been formed. The policy banks in China had been established since 1994, which have made the positive contribution in raising and guiding the social fund, supporting the national infrastructure, and promoting the continuous, rapid and healthy development of the national economy.Nowadays, the development of Chinese regional economy is entering the new stage. The core support on local infrastructure by the policy-type finance (especially development finance) is getting stronger day by day. However, there are enormous latent risk in the local projects credit, because the cycle of the local projects credit is long, the amount of those are vast and the debt of those cannot transfer the shares of stock as well as our finance market is imperfect, especially the credit issue of the local authority. Therefore, how to construct the credit risk control mechanism of Chinese Policy Bank local project will directly affect the sustainable development of China Policy Bank Country's project s credit, and the processes of our country civilization to systematically control the credit risk of the local project supporting by the policy-type bank area county project, which need utilize the financial theory and the bank risk control theory, and borrow the advanced experience and measure from developed country and regional as well as unify the market demand of civilization in the new time construction.This article express a profound and systematical analysis on the present situation and the main issues of the credit risk of China Policy Bank Country's project s ,as well as the gambling mechanism of forming the credit risk by the financial theory and the bank project credit risk management theory. Comparing with the pattern and experience of guarding the credit risk from the developed country or regional, a strategy on credit risk control of China Policy Bank Country's project s is proposed to seek an effective risk management mechanism and provide the new mentality for China Policy Bank...