重庆市土地储备制度的融资选择

On Financial Channels of Chongqing Land Reserve System

城市土地储备制度的运行必须以连续的资金流为保证,但是传统的融资渠道,如财政拨款和银行贷款已不能满足当前城市土地整理及开发中巨大的资金需求。以重庆市为例,从分析重庆市城市土地利用状况和土地市场特点出发,运用PPP模式和ABS模式,提出土地信托和土地债券的概念,得出一条创新的城市土地储备制度融资渠道,以加强城市抵御各方面风险的能力。

A constant cash flow supported the operation of urban land reserve syetem. Fiscal supports from government and commercial bank loans, two traditional financial channels, could not meet the enormous fund demands in the current urban land readjustment and development endeavor. The article taking Chongqing as an example, analyzed the current situation on urban land use market, then introduces the PPP model and ABS model into urban land re- adjustment reserve system,finally presented the concept of urban land trust and land bonds,alining to provide a innovative channel to fund the urban land re-adjustment endeavor and aggrandize its capacities to resist risks from all sources as well.