Research On Financing Optimization Of Local Government Financing Platform

In the basic financing system of Our country,local government,as the platform closest to the grassroots industry,its financing channel is an important part of the whole local financing system of our country.Since the 1990 s,China’s urbanization become the focus in recent years,due to the construction of market economic system is not yet complete,plus any tax reform leading to many local governments,in order to speed up the urbanization process and improve the market economic system and many local governments have to start from the financing platform company financing in order to meet the shortage of funds.Local government investment and financing platforms should give full play to their advantages in state-owned assets operation and investment and financing,actively improve the operation and expansion of operational projects,adjust business development sectors,optimize the asset structure and scale,and actively become the main body of state-owned assets operation and the main body of urban investment and financing.At the same time,local government investment and financing platforms should also optimize enterprise management,improve the platform operation management mechanism,do a good job in human resources and internal control,and improve the overall market competitiveness.This paper selects Jiyang Urban Construction Group as the research object,analyzes the overall operation of Jiyang Urban Construction Group through literature review analysis method,case analysis method and questionnaire method,and finds that Jiyang Urban Construction Group’s debt paying ability,operation ability and asset structure are very weak.At present,the financing status of Jiyang Urban Construction Group is mainly dominated by banks,the financing cost is rising,and regulatory policies are becoming more and more strict.The group is faced with problems such as single financing channel,poor continuous financing ability and centralized repayment risk.Author summarized respectively in Shanghai city and Tianjin city shots,cast big cities such as Beijing government financing platform company experience,draw lessons from their assets in asset management,expand the financing channels,revitalize the aspects of good experience,combined with economy,the financial situation of the activation of existing building group,investment project,asset size and structural conditions and financing needs,the activation of building group in the future economic development plan,Four suggestions are put forward for the financing of the group:expand the asset scale and obtain credit rating as soon as possible;Strengthen the asset operation strength,improve the ability of continuous financing;Continue to strengthen cooperation with banks and expand more financing channels;Perfect management mechanism,strengthen financing planning,etc.Finally,according to the analysis of Jiyang Urban Construction Group,the author summarizes its experience and significance for district and county level platform financing work.Found that at present,for the level of economic development generally access to financing platform facing significant problems,such as financing difficulties,the transformation of pressure,so taking Jiyang area urban construction group as the research subject,research the financing problems,reasons,discuss the optimization countermeasures and Suggestions with strong practical significance and practical value.