Local government financing platform company refers to an economic entity with independent legal personality, which is established by local government and its departments and institutions through financial allocation or injection of assets such as land and equity, and undertakes the financing function of government investment projects. Including all kinds of comprehensive investment companies, such as construction investment companies, construction development companies, investment development companies, investment holding companies, investment development companies, investment group companies, state-owned asset operation companies, state-owned capital management centers, and industrial investment companies, such as transportation investment companies. State-owned enterprises, in international practice, only refer to enterprises invested or controlled by the central government or the federal government of a country. In China, state-owned enterprises also include enterprises invested and controlled by local governments. The will and interests of the government determine the behavior of state-owned enterprises. As a form of production and operation organization, state-owned enterprises have the characteristics of both profit-making legal persons and public welfare legal persons. Its profitability is reflected in the pursuit of maintaining and increasing the value of state-owned assets. Its public welfare is reflected in the fact that the establishment of state-owned enterprises is usually to achieve the goal of national economic regulation and play a role in coordinating the development of all aspects of the national economy.
1, belonging to public institutions.
2. The local government financing platform is an economic entity established by the local government, its departments, institutions and affiliated institutions. Through financial allocation or injection of assets such as land and equity, it has the investment and financing function of government public welfare projects, and has the qualification of independent enterprise legal person, including various comprehensive investment companies, such as construction investment companies, construction development companies, investment development companies, investment holding companies, state-owned assets operation companies, state-owned capital operation management centers, industrial investments, etc. Since state-owned enterprises are enterprises, their main purpose is to make profits, but the form of ownership is owned by the whole people. The purpose of their development is to create value and profit, with profit as the highest purpose, while institutions do not aim at profit.
The so-called institutions are relative to institutions, not for profit, and are branches of some national institutions. Generally speaking, it is a social organization whose direct purpose is to improve social welfare, meet the needs of social culture, education, science and health, and provide various social services. For example, schools, public hospitals, scientific research institutions, and cultural bureaus.