as the &quot

for the financing platform should be treated differently. If a financing platform itself also has a number of high-quality assets, consider not to make it rigidly uniform. For example, Guangzhou metro. Now the land finance and financing platform by card, short-term inside did not see Guangzhou find what better way (Zhao Qian).

Jiang Lin

is the director of the Department of Finance and taxation

-- in south of the Five Ridges College

seven financing platform is no longer a government money bag Cheap Bayern Munich Jerseys

The

government where the change? Guangzhou took a fancy to the insurance fund

last month, the State Council requires all financing platform financing function to establish divestment of government, government bonds as the main body of local government debt financing mechanism. In fact, two years ago, the central diagnostic local debt, has asked local financing platform gradually rectification.

since then, Guangzhou has been the city investment, investment and financing platform for seven water cleaning, the transformation has been completed. But for the purposes of local government, one was not enough. How? Guangzhou City Hall focused on insurance funds.

do Asian money, set up seven group

Guangzhou building financing platform, began organizing the Asian Games during the. Cheap Paris Saint Germain Jerseys

when Guangzhou big urban construction, very short of money. Therefore, in 2008 October, Guangzhou City Hall issued Cheap Juventus Jerseys 39 paper (full name "project investment and financing reform city construction notice"), began to build seven financing platform.

After the establishment of

financing platform, a short period of Cheap Tottenham Hotspur Jerseys time for Guangzhou to raise a lot of money. But in 2009, Panyu Tung Chung Town lawyer (famous netizen "cruiser") for Panyu waste incineration project interested in the 39 article, questioned the government put the garbage disposal rights in Guangzhou all the way to the GuangRi group treatment is reasonable through 39 of the text, through the government information network, to request the public document No. 39. Since then, Meng Hao, Guangdong Province CPPCC Standing Committee of Guangzhou lawyer Zhu Yongping has expressed support for.

2012, Guangzhou City Bureau of finance began to regularly to the city people's Congress sources of financing platform and city level government debt and repayment of the. The provincial government issued "notice" Guangdong Province to strengthen local government financing Platform Co management implementation plan, some simply rely on financial debt financing platform will be gradually withdrawn as government financing function, into a general class of state owned enterprises. Also from this year onwards, the central began mocha and rectification Columbia Soccer Jerseys of local financing platform work.

on the one hand, the local government bonds financing platform for permission to open, from government finance function, into the general state-owned enterprises; on the other hand, the financing platform also gradually into a standardized, transparent management.

Ordinary Company, "to the administrative"

Guangzhou's major financing platform began to gradually reform.

asset indebted rate is in 70% the following, in line with the central policy of urban investment group and Metro Inc to reform from "financing platform class company" as the "general company", is no longer City Hall stock of debt financing, the platform is divided into two categories: >