中国体育专项债券发行的时代背景、特征及高质量推进策略

Sports Special Bond Issuance in China: Historical Background, Characteristics and High Quality Development Strategies

文章对新时代背景下我国体育专项债券的概念与涉及因素、政策法规、运行特征等进行深入研究。研究认为:体育专项债券在大型体育项目建设、文化旅游设施和相关法律法规的完善、提高资源配置率等方面取得显著成效。但其发展中还面临规模小,认识不足,重视不够;发行和投资主体单一,期限偏短;偿债来源相对单一且对应项目收益差;缺乏明确且有操作性的扶持政策,绩效评估与风险防控机制不健全等方面的问题。未来需完善体育专项债券法律法规等政策及监管体系;发挥政府经济调控能力;加强智囊人才培养;优化发行与投资结构;提高对应项目的运营效益,拓宽偿债来源等。

Using the methods of literature and statistical analysis, this present paper conducts an in-depth research on the concepts and related factors, the policies and regulations, and the operation characteristics of sports special bonds in the new era of China. The results show that: the use of sports special bonds has helped make achieve remarkable achievements in the construction of large-scale sports projects, the improvement of cultural tourism facilities, and related laws and regulations, and the improvement of resource allocation rates. However, its development is still faced with such problems as: small scale, inadequate recognition and attention;single issuance and investment entities, and short durations;relatively single source of debt repayment and poor return on corresponding projects;lack of clear and operational support policies, and incomplete risk prevention and performance evaluation. In the future, it is necessary to develop laws and regulations on sports special bond, and related policy systems;to give full play to the government’s economic regulation and control capabilities;to strengthen the training of think tanks;to optimize the issuance and investment structure;to improve the operational efficiency of corresponding projects, and to broaden the sources of debt repayment.