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Strategy Research On Optimizing Financing Channels Of Jilin City Construction

Posted on:2017-04-28Degree:MasterType:Thesis
Country:ChinaCandidate:J Y ZhangFull Text:PDF
GTID:2309330482489071Subject:Financial Management
Abstract/Summary:PDF Full Text Request
City development cannot leave the urban infrastructure construction, to the construction of infrastructure projects, solve caused by fiscal underfunded project construction funds shortage, local governments set up corresponding government financing platform. Jilin City Construction is a wholly owned by the Jilin city government to set up, professional engaged in urban construction project investment, financing and construction management of local government financing platform, it on the urban construction and social economic development of Jilin city played an important role. With the speeding up of urbanization process, under the new development plan, Jilin is urgently in need of construction of infrastructure projects is increasing, and the government use of fiscal funds less and less, Jilin City Construction as the government’s investment and financing platform, bear the heavy financing pressure more than ever. How to optimize the financing channels, to solve the urban construction funds are in short supply, the contradiction of the increasing demand and financing for Jilin city infrastructure construction to provide a stable and abundant supply of funds, is the issue of urban construction group must be addressed.This paper uses literature analysis method,summarizing the domestic scholars to the existing local government financing platform and the research results of the theory of the financing channels, as the theoretical basis for Jilin City Construction financing channel choice. Then compared comprehensively analyzes the Jilin City Construction financing environment faced by the external financing environment, reflected in the local economy and infrastructure construction development situation, the local financial impact on infrastructure construction capital source, national and local policy impact on the financing platform three sides facing Jilin City Construction financing activities play a positive or negative role; The internal financing environment from industry status, government support, business and credit level four aspects analyzes the financing activities have the advantages of Jilin City Construction. Next by reference to other domestic advanced experience to develop the financing channels, financing platform in combination with the practical situation of Jilin city comparative study, can deeply realize the urban construction group financing channel construction and management exist some problems and the insufficiency, for example: capital source structure is not reasonable, debt service such as insufficient funds, lack of freedom to make decisions. Analyze the fundamental reasons of these problems, there are also from external causes, from the endogenous embodied in: the limited use of main financing channels, is difficult to effectively activate stock assets, not fully open no-interest financing channel, which leads to financing of local government to exercise political interference, etc. How to resolve the urban infrastructure financing difficulties, help Jilin City Construction optimization financing channel construction, and provide a reference for other similar enterprises of the same problems and guidance, is the ultimate goal of this article research.Finally puts forward some rationalization proposal countermeasures to solve above problems, points out that the innovation of financing mode, revitalize the stock of assets, the independent operation, actively introducing social capital projects of different attributes, through equity financing channels and so on, can help Jilin City Construction set up diversified financing channels system, helps to broaden the financing channels, folk capital to build new government capital and social capital cooperation mode, attract more social capital into the infrastructure construction, to better promote the construction of Jilin city urbanization development process.
Keywords/Search Tags:Government finacing platform, construction of infrastructure, financing channels
PDF Full Text Request
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