Ningxia Local Government Financing Platform Risk Early Warning System Research

In the early1990s, with the quickening pace of urbanization in our country, each place city infrastructure construction scale expanding rapidly. But the reform of tax allocation weakened the local government financial resources,and make contradiction the between the limited fiscal revenue and increasing fiscal spending of local government. Under the legal framework of local government are not allowed to issue bonds, only with the aid of to set up the financing platform of local government borrowing to meet the financing needs. Financing platform will also arises at the historic moment. Especially under the influence of international financial crisis of2008, Our government in order to expand domestic demand, the local economy development, launched a$4trillion investment plan. And on the policies give great support of the establishment of financing platform, The local financing platform rapidly multiplying in China.The emergence and development of local government financing platform for the economic recovery and development of our country region economy has played a positive role. At the same time due to the financing platform running the institutional and legal defects in the process of making the local government debt problem is obvious., and for China’s macroeconomic and financial sector has a negative effect. Therefore, guard against and dissolve the risk of financing platform problem is imminent, and establish a financing platform risk prevention system has important practical significance.This paper firstly present situation has carried on the description of ningxia local financing platform, and then to ningxia financing platform of fiscal, financial and moral risks are analyzed, and on the basis of risk analysis of ningxia local government financing platform risk prevention system construction issued my own ideas, Hope it can be used for reference for ningxia local government to control and prevent financing platform risk.