Study Of The Western Region Development Strategy Of Government Financing Platform

Local government-backed investment units is an enterprise established by local government departments and agencies through budgetary funds or into the land, equity and other assets and to funding for the government investment projects, it is entitled to an independent legal agency. Its main function is to raise funds for local economic and social development through debt. During the international financial crisis, it has played an important role in stabilizing the domestic economy. But in recent years, the scale of the debt rapid growth. Its operation was being the irregular. There was tremendous financial risk and financial risks in it, and attach great importance of the authority and relevant departments. Especially the 19 document issued by state council proposed to clean up and standardize the local government platform for financing. Owing to severe external constraints, it must be looking for the position of new business model, and explore ways to develop its.Operational mode of platform for financing the western region is relatively backward. as the national implementation of a new development strategy in the west; it will take on more arduous task in the financing for development projects. The platform model for financing the western local government must expedite the change. And the appropriate development strategies must be formulated.. In the national, there are many common aspects in platform operation model and economic environment, the level of economic development of western provinces, Therefore, with the case of the NingXia autonomous regions for financing platform will be researched in development strategy. With the analyzing method of PEST and SWOT, to the platform for financing the external environment, environment and resources and capacity of the company itself, the matching of superiority and inferiority and environment, opportunities and threats. Suggestion mentioned including the government projects, market-oriented operation, the initial idea of holding out on the region, the resources and strategic location. To form operational mode of operation platform for financing and business services operate independently and mutual support. Finally, Four changes were suggested that be the strategic readjustment of the western region. the platform for financing operations need to change from the public to take the public and profit, from their operation to a market-oriented operation, from industry to industry in the capital and financial integration, from single to raise funds through various channels.