Study On Financing Problem And Improvement Plan Of Qingdao Urban Rail Transit

With the arrival of a new round of urban rail construction peak,the construction funds and operating gap subsidies required by the capital will increase substantially.Traditional"government subsidies + bank loan financing pattern,it is difficult to meet the needs of urban rail transit development by leaps and bounds,this needs us to optimized on the basis of the traditional financing model,to explore a more effective financing model to improve the existing urban rail transit financing,promote the sustainable development of urban rail transit.First,This paper takes the financing problem of Qingdao urban rail transit enterprises(Qingdao metro)as an example and analyzes the planning,organizational structure,operation status and existing financing methods of Qingdao urban rail transit.it is found that the company currently adopts debt financing mainly led by the government and financing mainly by issuing corporate bonds.In this way,there are a series of problems such as increasing difficulty in debt financing,increasing financing pressure and high financing cost.Second,In order to formulate reasonable solutions,this paper explores the root causes of the problem,the main reasons for the above problems include: "the physical mechanism is not sound,the track operating loss is difficult to reverse,the operating income cannot meet the financing needs,the special attributes of quasi-public products,and the financing environment is difficult to improve in a short term.Thirdly,in order to solve the financing problem of Qingdao urban rail transit,this paper USES the financing methods of major cities at home and abroad for reference and improves the financing scheme of Qingdao urban rail transit.Improved financing mode mainly adopts "the PPP + ticket revenue,wide trade gains + property development profits" comprehensive financing way,in line with the government burden decreasing,the financing planning integration,resource benefit maximization,the internalization of external benefit fare to develop market-oriented principle,through the reasonable financing framework,source of funds,funds guarantee and reasonable way of shall be determined,effectively ease the financial pressure,reduce the cost of financing,to raise the attraction of social capital,financing of the urban rail transit has the enlightenment function.