论文部分内容阅读
地方融资平台起源于1994年分税制度改革。地方政府为了筹得建设资金往往与国家开发银行合作通过打包贷款的方式筹得资金,但是由于我国法律不允许地方政府担保举债,2006年这项业务被五部委叫停。2008年末国际金融危机爆发后,中央政府启动了4万亿经济刺激计划,地方政府为了配套中央资金进行地方基础设施建设,各级各地的地方政府纷纷成立地方融资平台以从银行贷款或者发行债券融资。从2009年年中,银监会就已经意识到了地方融资平台可能发生的风险,2010年5月,国务院办公会议决定加
Local financing platform originated in 1994 tax system reform. In order to raise funds for construction, local governments often cooperate with China Development Bank to raise funds by way of package loans. However, due to the fact that our country’s law does not allow local governments to guarantee debt, this business was halted by five ministries and commissions in 2006. After the outbreak of the international financial crisis in late 2008, the central government started the 4 trillion stimulus package. In order to support the construction of local infrastructures by local governments, local governments at all levels have set up local financing platforms to borrow from banks or issue bonds . From mid-2009, the CBRC has already realized the possible risk of local financing platform. In May 2010, the State Council office decided to add