Research On The Financing Problem Of A City Rail Transit Group

Since China entered the 21st century,the domestic economy has developed rapidly,and various regions have accelerated the process of urbanization development.The speed of urban economic development and the rapid growth of urban population.At the same time,urban public transportation travel pressures are increasing day by day,traffic congestion and traffic accidents on urban roads are increasing,and urban environmental pollution is increasing.Rail transit as an infrastructure has unique advantages such as large passenger volume,fast vehicle speed,timeliness,less environmental pollution,and small traffic accidents.It has become an effective way to solve urban traffic congestion and environmental pollution problems.At the same time,vigorous development of rail transit can also optimize the spatial layout of the city,drive the value of land along the line and realize the commercial development.However,the construction of urban rail transit is characterized by high construction cost,long construction period,low profit,and long payback period of investment funds.The process of raising construction and operating funds is very complicated and difficult.The construction of rail transit in City A is mainly completed by government borrowing and investment,which directly leads to the high debt ratio of the municipal government of A.The financing method of rail transit in city A is simple and conservative,the financing is difficult,and the total amount of funds is limited,which cannot meet the needs of the continuous development of rail transit.In the context of the rapid development of rail transit in City A,narrow financing channels are bound to limit its sustainable development.Therefore,how to realize the road of diversification of rail transit financing in A city and how to expand the financing channel for rail transit construction in city A has become the key to the smooth implementation of rail transit construction in city A.This paper starts from the perspective of the capital demand of rail transit construction in A city,and takes the financing problem of the rail transit group of A city as the research object,which is divided into six parts.The first part describes the background,research purposes,research content,research status at home and abroad and innovation points.The second part is based on the relevant theoretical basis of urban rail transit financing:quasi-public products,quasi-operating,positive external effects,etc.,which are analyzed from the industrial characteristics and financing characteristics of urban rail transit,and introduce the city from financing channels and financing methods.Current status of rail transit financing.The third part analyzes the capital demand in the three-round planning of A city rail transit group,analyzes the financing status of A city rail transit group from the three aspects of rail transit financing environment,financing channels and financing methods of A city,and concludes that the financing of A city rail transit group exists.Problems and causes.The fourth part combines the domestic and international urban rail transit financing practices,and gets the enlightenment of the financing of A city rail transit group.The fifth part optimizes the financing strategy of A city rail transit group.From the perspectives of local government support,financing channels,financing methods and financing costs,specific measures are proposed for the financing strategy of A city rail transit group.