On the Reform of Investment and Financing Platforms of Local Governments——Taking the Chongqing Model as an Example
Feng Qiao-bing
Abstract
Feng Qiao-bing
Abstract
The unbridled expansion of local investment and financing platforms has led to the concentration of risks and operational inefficiencies currently.Through analyzing the current situation of these platforms,the paper uncovers the problems existing in the system,including single financing method,inefficient capital operation,and imperfect system.Taking the Chongqing Model as an example,the paper puts forward suggestions to the reform from the dimensions of financing method,capital operation,system operation respectively.
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The unbridled expansion of local investment and financing platforms has led to the concentration of risks and operational inefficiencies currently.Through analyzing the current situation of these platforms,the paper uncovers the problems existing in the system,including single financing method,inefficient capital operation,and imperfect system.Taking the Chongqing Model as an example,the paper puts forward suggestions to the reform from the dimensions of financing method,capital operation,system operation respectively.
Key concepts: Imperfect, Investment (military), Capital (architecture), Finance, Business, Capital investment, Economics, Political science