A Study On The Financing Mode Of Infrastructure Construction Projects Under New Urbanization In Hebei Province

The new urbanization construction is a major strategic task established in the Third Plenary Session of the eighteen, is a major initiative to promote China’s sustainable development in the future. In the processing of promoting new urbanization, the people’s livelihood expenditure and infrastructure construction investment demand which are the two focal point increase. A massive amount of capital requirement for the new urbanization construction will be the key to its success, and the financing problems need to be solved. In view of this, how to rise funds, how to use funds and supervision and evaluation of the investment performance is a topic of great concern to all walks of life. From infrastructure construction capital supply perspective, the central and local financial budget funding is generally not more than 1/3, non-budgetary funds, such as policy loans, commercial bank loans, mostly by government borrowing to local financial and Government credit for endorsement, but the use of foreign capital or the enterprises self-financing which direct invest in infrastructure construction is relatively a small proportion, not really realize the diversification of investment and financing. Therefore, according to the actual situation of Hebei Province, the exploring of their own new urbanization infrastructure construction’s projects best financing model to achieve the integration of urban and rural infrastructure and the public service equalization, has profound practical significance.In this paper, through the analysis and reference of the infrastructure financing theory and international experiences, combining with the actual construction of new urbanization in Hebei Province, conduct a comprehensive analysis to the pros and cons and the applicability of the existing infrastructure project financing mode, and use the comparative method, logical framework approach, success degree analysis method to establish the evaluation index system to do the performance evaluation. On this basis, proposes targeted countermeasures and suggestions, to provide reference for the decision-making of the financing mode of the infrastructure construction of new urbanization projects in Hebei province and for the use and supervision of project funds.