Question 2: * * * What is the specific business of financing platform * * * A platform jointly established with local enterprises to handle investment and financing business, usually banks, guarantee institutions, etc. At present, most of them solve the financing problem of small and medium-sized enterprises.
Question 3: What is a * * * financing platform? 5 points * * * Platforms established in cooperation with local enterprises dealing with investment and financing business are generally banks and guarantee institutions. At present, most of them solve the financing difficulties of small and medium-sized enterprises.
Question 4: What is a * * * investment and financing platform loan? * * * Financing platform
Local * * * investment and financing platforms refer to companies established at local levels with financing as the main business purpose, including different types of urban construction investment, urban construction development, urban construction assets companies and other enterprises (events) and legal entities, mainly with operating income, public facilities fees and financial funds as repayment sources.
Loans (including all kinds of credits) issued by banking financial institutions to "local * * * financing platform companies" to support local economic development.
Local * * * financing platform companies refer to economic entities established by local * * and its departments or institutions and affiliated institutions. Through financial allocation or injection of assets such as land and equity, it has the function of investing and financing public welfare projects and has the qualification of independent enterprise legal person.
The so-called local financing platform is initiated and set up by the local * * *. By allocating assets such as land, equity, fees and national debt, supplemented by financial subsidies when necessary as repayment commitments, a company whose assets and cash flow can meet the financing standards can be quickly packaged, thus achieving the purpose of undertaking all kinds of funds, and then applying the funds to municipal construction, public utilities and other projects with different fertility.
Question 5: What is the platform company 10 score? Local * * * investment and financing platforms refer to various types of companies, such as urban construction investment companies, urban construction development companies and urban construction asset management companies, which are established by local * * * to finance and invest in the construction of urban infrastructure. These companies allocate land through local governments, supplemented by financial subsidies when necessary, to form companies whose assets and cash flow can meet the financing standards.
Local governments have set up investment and financing platforms to finance infrastructure and urban construction for a long time, but the leading role of investment and financing platforms is to deal with the financial crisis since 2008. At the beginning of 2009, the People's Bank of China and the China Banking Regulatory Commission jointly issued the Guiding Opinions on Further Strengthening the Adjustment of Credit Structure to Promote the Stable and Rapid Development of the National Economy, proposing "supporting local governments to set up investment and financing platforms, issue corporate bonds, medium-term notes and other financing tools, and broaden the financing channels of supporting funds for central government investment projects", which is regarded as a financing platform for local governments.
Since the end of 2008, the number and financing scale of local investment and financing platforms have shown a rapid development trend. According to preliminary statistics, as of August 2009, there were more than 3,000 investment and financing platforms at all levels in * * *, of which more than 70% were platform companies at the county level. At the beginning of 2008, the total debt of local investment and financing platforms at all levels in China exceeded 654.38 trillion yuan, and by the middle of 2009, it rose rapidly to more than 5 trillion yuan, most of which came from bank loans.
With the rapid development of the number and financing scale of local * * * investment and financing platforms, more and more experts question that the corporate governance structure of local * * * investment and financing platforms is not perfect, the responsible subjects are not clear, and the operating procedures are not standardized. At the same time, local governments often obtain credit funds from multiple banks through multiple financing platform companies, resulting in multiple liabilities. The bank's overall liabilities and guarantee commitments to the local * * * are not clear at all, and even the local * * * is not clear about the liabilities of its own financing platform. Once the project investment income of the investment and financing platform can't cover the cost, these "hidden debts" will inevitably become explicit, which will put great pressure on the local finance, and even eventually have to be paid by the central finance and commercial banks.
Question 6: Definition of local financing platform companies Generally speaking, state-owned financing platform companies mainly refer to "local investment and financing platforms". Unless otherwise specified, they all refer to investment and financing platform companies specially established by local governments at all levels. Local * * * financing platform company refers to an economic entity established by local * * and its departments and institutions through financial allocation or injection of assets such as land and equity, which undertakes the financing function of * * * investment projects and has independent legal personality. (According to the definition in Guo Fa [20 10] 19) The Notice of the Ministry of Finance, the Development and Reform Commission, the People's Bank of China and the China Banking Regulatory Commission (FB [20 12) further clarified the local * *. The expression is as follows: the local * * * financing platform is an economic entity established by the local * * * and its subordinate 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 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, investment development companies, investment group companies and state-owned enterprises.
Question 7: What is the * * * financing system platform? What are the better ones? * * * Financing platforms are divided into the following categories:
1, a single financing platform, which is responsible for financing, fund allocation and debt service of public welfare and basic projects, and does not participate in project construction and operation.
2, public investment and financing platform, responsible for the financing, construction, operation and debt service of public welfare projects;
3 business investment and financing platform, responsible for the financing, construction, operation and debt service of basic projects, and can invest in other business projects and financial investments;
4. Comprehensive investment and financing platform, with the characteristics of both public welfare and business platform.
G2P platform * * * financing platform generally refers to state-owned enterprises invested and established by local * * *, with resources allocated by local * * * and a large amount of funds used by local * * *, mostly in the form of investment management companies, operating in the form of platform companies and integrating funds. Damon G2P *** financing system is a team of more than 300 experts, based on the first online lending system of cloud computing in China.
Question 8: What innovative financing methods do financing platform companies have to promote the innovation of investment and financing system?
(China Hyundai Group Ding Bokang)
First, financial system innovation.
1, increase direct financing.
Developing the capital market is the basic guarantee for the innovation of infrastructure investment and financing. We should gradually solve the problem of unreasonable capital market structure. According to the policies and measures put forward in "Several Opinions of the State Council on Promoting the Reform and Stable Development of the Capital Market", we will intensify the reform and innovation of the capital market and encourage local financing platforms and municipal public enterprises to issue bond financing on a larger scale; It is necessary to speed up the pilot issue of municipal bonds; It is necessary to encourage local high-quality public utility listed enterprises to raise funds in domestic and foreign capital markets and reinvest in urban infrastructure construction through financing; It is necessary to encourage long-term funds such as insurance funds and social security funds to invest in urban infrastructure construction.
2. Establish local financial holding groups.
For urban infrastructure, the amount of funds required is relatively large, and commercial banks in many local small and medium-sized cities often cannot meet it. This is related to their capital strength, scientific and technological level, institutional layout, capital adequacy ratio, single customer loan ratio and other regulatory indicators. If an urban infrastructure project occupies most of the loan funds of small and medium-sized banks, it will not only affect the risk management and control of banks, but also affect the profitability of banks. Compared with national commercial banks, city commercial banks are under great pressure of survival, obviously weak in competition, and lack of stamina and space for further development, so they cannot provide corresponding financial support for urban construction financing in this region.
Therefore, the formation of local financial holding groups can play its leverage role in inciting social funds. The relevant provincial financial departments should increase investment, set up local financial holding groups based on provincial large enterprise groups, and play their powerful investment and financing functions in urban construction by intervening and expanding local commercial banks, securities companies, insurance companies, trust companies and guarantee companies. In due course, we can give full play to the powerful financing function of these institutions in the capital market, and promote and support the financing and construction of urban infrastructure through the restructuring and listing of commercial banks and the entry of insurance funds into the infrastructure investment field.
3. Accelerate the innovation of financial products.
* * * Encourage all kinds of financial institutions and financial service institutions to innovate financial products and financial instruments in light of local conditions. Similarly, supervision can also adopt the strategy of "crossing the river by feeling the stones", stimulate innovation by relaxing supervision, and improve and strengthen supervision in innovation. Establish a friendly and favorable market-oriented financing environment and constantly innovate financing means. In order to obtain sufficient construction funds and low-cost construction funds for urban construction, we should actively promote financial instruments such as trust, asset securitization and industrial funds, and build a market-oriented financing platform for urban construction.
Second, the credit system innovation.
1, strengthen the demonstration and promotion of * *
In the credit subject structure, * * * credit is the biggest credit, and market credit, enterprise credit, personal credit and the whole social credit are all promoted and developed based on * * * credit. Therefore, to strengthen the construction of credit system, we should first focus on the establishment of * * * credit and give full play to the irreplaceable demonstration and incentive role of * * * credit cooperatives in credit construction. Therefore, the basic orientation of the function of * * * should be rapidly changed from "power * * *" to "responsibility * * *", so as to create * * * credit with standardized and efficient administrative services; It is necessary to strengthen the supervision of administrative law enforcement and solve the problems of administration according to law and clean administration; It is necessary to incorporate the construction of credit environment into the performance evaluation objectives of local governments, urge local governments to vigorously promote and build financial infrastructure, and develop and maintain the credit platform of the whole society.
2. Strengthen the construction of credit system.
In the United States, there are more than a dozen effective laws on credit management in financial markets, such as the Fair Credit Reporting Law, the Fair Debt Enforcement Law and the Equal Credit Opportunity Law. These bills constitute the legal environment for the normal operation of the credit management system in the American gold market. At present, China has not yet promulgated a special local credit law to regulate local credit (such as the Credit Information Law and the Fair Credit Information Law), so as to highlight the ruling idea that * * * must trust the people and effectively curb and punish the lack of credit. As a late-developing country in credit construction, China's legislation in this area has just started, with obvious loopholes and lack of strict laws. According to the actual situation in China and the region, local governments can set up credit institutions, implement a credit management system model, stipulate the rights and obligations of both credit parties, and cooperate with entities such as * * *, commercial banks, etc ...
Question 9: What is a provincial financing platform? Please be more specific. Local * * * investment and financing platforms refer to companies established by local governments at all levels with financing as their main business purpose, including different types of urban construction investment, urban construction development and urban construction assets companies. It is * * * to package the allocated assets such as land, equity and rebate into a company that can meet the financing standards in terms of assets and cash flow, so as to achieve the financing purpose and apply the funds to municipal construction, public utilities and other projects.
The platform is also graded according to the level of capital contribution. The platform company established by * * * is a county-level platform, and the provincial financing platform is a platform established by * * *, which is responsible for the financing of provincial projects. Chongqing's "Eight Big Investment" is a typical provincial financing platform.
Question 10: Does anyone know the difference between banking investment and financing platforms and investment and financing platform companies? The bank's investment and financing platform is more formal and professional, fully understands the development of financing enterprises and the financial preferences of investment customers, and can use the bank's scheme design ability, risk assessment ability and information screening ability to iron out the difference between supply and demand between investment and financing. The banking platform has no online trading function, which is the biggest difference. For example, the investment and financing department will provide customers with online and offline personalized services, and can also conduct online transactions.