江苏城镇化建设中的市政债体系研究

On the municipal bond system in Jiangsu urbanization construction

积极稳妥推进新型城镇化是江苏经济全面深化改革发展的重要方向。推进新型城镇化不可避免地要开展大规模的基础设施建设等,需要大量的建设资金,内在地要求城市建设投融资体制机制与方式的改革创新。现有的城市建设投融资遇到很多矛盾与问题,不适应新型城镇化发展的要求,亟待调整梳理与改革创新,一个重要的改革创新就是试点开发市政债券。江苏试点开发市政债,需要渐次推进,需要进行系统的研究设计与论证,需要解决包括市政债的发行、资金使用、债券偿还、债券管理与保障配套条件等问题。

To actively and prudently push forward the new type of urbanization is the key orientation to deepen the reform and development of Jiangsu economy in a comprehensive way. During the boost of the new-type urbani- zation, it is inevitable to conduct large-scale infrastructure construction, which will demand huge funds and call for reform and innovation of investing and financing mechanism and mode in urban construction. Many conflicts and problems exist in the present investment and financing of urban construction that do not adapt to the requirements of new-type urbanization, and that need immediate adjustment, reform and innovation. A key reform is to issue mu- nicipal bond. In the experimental case of Jiangsu, it is necessary to push forward the work step by step, make sys- tematic research and design, and go through strict feasibility study. Solutions have to be found to solve the issues like the issuance of the bond, the use of the capital, the bond redemption, the bond management and supporting conditions.