Xuzhou High-speed Railway Investment Corporation Financing Risk And Prevention Research

In recent years,with the country’s economic strength,urban facilities and improve the infrastructure construction.Because many of these investment by the local government to solve,therefore,local governments took on more and more pressure.Because of the "budget law" and so on related law stipulates that local governments may not directly borrow,how to more effective and convenient financing becomes the main problems facing the local governments in China.Under China’s current fiscal decentralization system,the local government financing platform,and this is the real innovation of financing system,at the same time avoid the limits of relevant laws and regulations.Local government financing platform for the local municipal construction provides a guarantee of funds,played a key role in local economic development,but also exposed the blind development of infrastructure construction,centralized payment and financing excessive debt risk problems.Xuzhou high-speed railway investment co.,LTD.,is by Xuzhou city government approved the establishment of local government financing platform.The company set the financing,the investment function in a body,is mainly responsible for Xuzhou high-speed rail station and related project financing and investment work.In this paper,from the reasons for the formation of local government financing platform and the development course and the analysis of the status,Xuzhou high-speed railway investment co.,LTD.’ of assets,liabilities,and analyzes the existing debt risk.Using related economic theories,especially the public product and the risk management theory,and draw lessons from foreign mature experience in financing,Xuzhou high-speed railway investment co.,LTD.of the existing problems of debt’s risk,puts forward the concrete countermeasures and Suggestions.Specifically,this paper was divided into five parts: the first part is introduction,including research background,research significance and the research contents and methods.The second part is the theoretical foundation and literature review,this paper introduces the theory of public product and the risk management theory,and the relevant research literature at home and abroad are reviewed.The third part is to Xuzhou,analyzing the present situation and problems of Xuzhou high-speed railway investment co.,LTD.,this paper introduces the basic situation of the company,as well as the problems and the debt risk.The fourth part for the debts of Xuzhou high-speed railway investment co.,LTD.,risk management countermeasures and Suggestions are put forward.The fifth part is the summary,the deficiency is put forward,and look forward to the future research direction.Based on the theory of carding and case analysis,can the rich local government financing platform related theory of research contents,at the same time,the research results can be for the debts of the local government financing platform risk prevention and control to provide some reference and can be used for reference.Therefore,this study has good theoretical and practical significance.