Construction Financing Problem of Local Government in China

被引:3
作者
Bin, Yan [1 ]
Quan, Li [1 ]
机构
[1] Yangzhou Univ China, Civil Sci & Engn Coll, Dept Engn Management, Yangzhou, Peoples R China
来源
INTERNATIONAL CONFERENCE ON APPLIED PHYSICS AND INDUSTRIAL ENGINEERING 2012, PT C | 2012年 / 24卷
关键词
construction financing; local government; financing channel; dilemma; countermeasure;
D O I
10.1016/j.phpro.2012.02.261
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
Infrastructure construction is a necessary precondition to rapid and continues growth for local economy. Many cities have conspicuous contradiction of expansion of investment and lack of capital or unsmooth financial channel. Lack of capital effects the quantity and quality of public product which provided by local government, and causes social welfare loss. How to utilize and integrate present resources is studied in this paper. Foreign regulation is referenced to explore new financing channel in China. Some countermeasures and suggestions are put forward to solve present financing problems of local government. (C) 2011 Published by Elsevier B.V. Selection and/or peer-review under responsibility of ICAPIE Organization Committee.
引用
收藏
页码:1773 / 1780
页数:8
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