地方政府公共投资融资困境、债务风险与对策

Difficulties,Debt Risks and Counter-Measures of Public Investment and Financing of Local Government

在我国经济社会发展过程中,公共投资发挥了重要的作用,但投资带来的地方政府债务风险也引起了世界的关注。一方面,我国过去的公共投资领域累积了大量的政府债务,另一方面,未来我国的经济社会发展仍需保持较大规模的公共投资。而融资困难多、债务风险大是地方政府公共投资急需解决的问题。转变经济发展方式、规范投融资行为、整合资源、分类控制,从而缓解地方政府公共投资融资困境、系统控制政府债务风险。

In China, public investment plays an important role in the process of economic and social development. However, local government＇s debt risks in relevant investment are becoming a big issue of the world. On the one hand, public investment made in the past has resulted in substantial government debt, and on the other hand, it should still he essential for the government to maintain a large-scale public investment for the economic and social development. Thus it is urgent to solve the problems of difficulties in financing and debt risks. To address these problems, the government needs to transform the economic development, regulate the investment and financing, and integrate resources so as to put the risks under systematic control.