国有资产管理体制改革视角中的地方政府债券

On Local Government Bond Viewing from State-owned Assets Management Regime Reform

党的十六大报告提出要建立“分级所有”的新国有资产管理体制 ,这就为在财政联邦主义框架下探索有中国特色的社会主义公共财政提供了理论突破。地方政府债券既是发达的资本市场重要组成部分 ,也是分级财政不可或缺的投融资媒质 ,在深化国有资产管理体制改革过程中 ,政府应适时推出“地方政府债券”这一公债品种。

To establish a new state-owned assets management regime of 'grading ownership' was proposed in the report of the 16th Assembly of the Party, which offers a theoretical breakthrough for quest of socialist public finance with China's characteristic under the fiscal federalism framework. Local government bond is not only a main component of developed capital market, also indispensable media for investment and financing. Governments should appropriately present a public bond, 'local government bond' in the process of deepening the state-owned assets management regime reformations.