He explained

"the establishment of government bonds as the main body of local government debt financing mechanism, stripping the financing Platform Co government financing function", this statement appears in 20 the State Council approved the national development and Reform Commission, "on deepening economic reform in 2014 key tasks of opinions" (hereinafter referred to as the "opinions") in. Experts think, this means that the government financing platform financing functions will be gradually stripping, China will be gradual adjustment, transformation of the financing platform, to gradually withdraw from the stage of history.

according to "Economic Reference News" reporter understanding, since the Third Plenary Session of the eighteen to determine the comprehensive reform, the reform process is fast, but there have been some resistance. "Opinions" to the top-level design way clear to complete the reform this year, is conducive to condensed reform consensus, to accelerate the reform. Reform to seize the key, and the greatest risk of current Chinese economy faces is the national balance sheet leverage ratio is too high. The government financing platform financing function will be stripped, is conducive to resolving this potential risk.

Everbright Securities chief macroeconomic analyst Xu Gao said "stripping Cheap Ravens Jerseys government financing platform financing function is very correct, is the key to straighten out the financial market." He explained: "now the financial market is chaotic, the existence of a large number of financing platform brings some problems. The city investment company as an example, the bond rate of return on total assets of only 3%, but the cost of issuing bonds is 6% to 7%, the rate of return does not cover the cost, resulting in the company's debt burden more and more heavy."

Xu Gao said, the project rate of return under the condition of low, in order to attract capital, the government recessive guarantee, to the financing platform so, financing platform debt squeezing out the private enterprise financing channels, resulting in financial markets more distorted.

"to crack this mess, I won't let the original profit funds to the project, so that the government financing platform financing out important functions stripping." Xu Gao said "stripping means letting governments to finance should bear the financial responsibility, by relying on the financing platform financing to establish a government bonds as the main body of local government debt financing mechanism."

Cheap Patriots Jerseys in fact, our individual local government financing platform in the stripping financing function, has been at Cheap Raiders Jerseys the forefront of the country. Cheap Bengals Jerseys According to the eastern coastal province city Bureau of finance budget department personage introduction, the government financing platform financing functions of the city, stripping began in late 2013. Stripping of government financing platform will translate into relatively pure state, a part of the staff in the enterprise, a part of the staff back to the original units, including units or becoming civil servants.

The budget report

this year 3 month is announced to the society also has "stripping financing Platform Co government financing function" statement. Experts believe that the reform direction, has been clear, at Cheap Bills Jerseys present to do is step by step in the national scope.

Director

the Treasury money Jia Kang to accept the "Economic Reference News" reporter the interview said: "some local government financing platform to get rid of the background when conditions are ripe, may the stripping of government financing function >