The Research Of Financial Support In The TJ Railway Bridge Construction Project

This thesis examines the role of policy banks in supporting our country's major projects.Major projects are important parts for stable and persistent economic development.They are also important for carrying out the supply-side reform,and the transformation of our country's economic structure.Major projects provide new energy for our country's economy.They can raise domestic demand,help the economy to achieve a smooth growth,and give a more solid foundation of our future economic development.When carrying out the major projects,we need to consider what should be done in the near future and what in the long run.We must consider in detail how to balance the costs and benefits of all aspects,such as the output and efficiency of the projects,and the timeline of the projects.We should do our best to achieve the best economic and social outcomes.In our country,the policy banks provide important financial support for the major projects.The policy banks can provide low-cost loans to projects that are otherwise not attractive enough to commercial banks and may also not be able to get funds from the government's macro-financial policies.Currently,the economic system of our country is at an important turning point,the old way of running the economy under government management is gradually abandoned,while the new way of running the economy through the market is still in a stage of formation.Hence,financial resources still cannot be allocated perfectly to where they are most needed completely through the market.For example,as the development of the marketization of the interest rates,some social vulnerable industries and their factories could be overlooked.Therefore,in the current stage,government policy tools of providing funds still play an important role.In particular,policy banks play a vital role of financial support in major projects,international trades,and agriculture.Moreover,our country recently proposed the important economic development strategy of “One belt and one road”.To achieve this strategy,we need to raise a large amount of funds to build important infrastructures,such as roads,railways,harbors,and communication networks.This will not only help the development of China's economy,but will also strengthen the relationship between our country and the other countries on the belt and road,including those in Asia,Africa,Middle-East,and Europe,and raise China's national status in the world.The policy banks will play an important role in this important strategy of “One belt and one road”.This thesis uses TJ rail-way bridge as an example,and analyzes how the National Import and Export Bank has provided the financial support.The thesis includes the following parts: the concepts of major projects and the costs of financing,the current status of policy banks and their functions,and the costs of financing in the TJ rail-way bridge project.Finally,we give some policy suggestions for solving the policy banks' financial cost problem when providing funds for major projects.This thesis uses the related data and cases of the National Import and Export Bank,and shows how policy banks play its role in reality through major projects.Through this,the author also shows how to combine the knowledge of project management with real projects.