Research On Government Financing Mode In The Construction Of Sponge City

Sponge city construction is an important part of ecological civilization construction in the cause of socialism with Chinese characteristics.The sponge city is a public product,which has the characteristics of high investment cost,long construction period,low output benefit and high social benefit.In the past,the experience of Chinese sponge city financing is not enough,but there are quite mature foreign financing experience and management system,which provides a useful reference for our country.Based on the current financing situation of urban infrastructure construction in China,in order to successfully realize the financing objectives of sponge city,it is necessary to make necessary adjustments to the shortcomings of the present situation.First,increase the proportion of central government bonds financing,and gradually reduce the proportion of bank loans,while reducing the special expenditure of land finance,moderate increase in financial investment,expand the scale of private capital to participate in financing.Second,to optimize the government financing structure,the reform of land leasing system of incremental revenue for the land annual rental system,the Government should be issued mainly long-term bonds,especially trial and expansion of permanent bonds in the sponge city construction financing ratio,In order to increase the sustainability of sponge city construction funds supply.Third,through the PPP model to introduce private capital,so that private capital into the sponge city financing areas,broaden the sponge city financing channels.Fourth,in the design of the financing model should be highlighted in the public welfare project financing the main qualifications to ensure that private capital to participate in quasi-operating projects and business projects subject qualification;play the government in the sponge city construction in the leading role,and fully mobilize Private capital in the sponge city construction in the participation,and to ensure its reasonable profitability.In the design of Chinese sponge city financing process should pay attention to the following questions: First,the system and the contract to ensure that private capital to participate in sponge city financing preferential treatment,the establishment of a scientific review system;the second is through the development of performance appraisal and constantly improve the financing model;Third,pay attention to spongecity construction financing the main way to participate in the diversification of sponge city construction and management in the government and enterprises in the contract responsibility.