1, local financing platform
The so-called local financing platform refers to the establishment initiated by the local government, which can quickly package a company whose assets and cash flow can meet the financing standards by allocating assets such as land, equity, fees and national debt, supplemented by financial subsidies as repayment commitments when necessary, so as to achieve the purpose of undertaking various funds, and then apply the funds to municipal construction, public utilities and other projects with different fertility.
2. Government financing platform
The local government investment and financing platform refers to the companies set up by local governments at all 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 (institutions) as legal persons, mainly taking operating income, public facilities fees and financial funds as repayment sources.
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