Modern New Kunming the next five years need 360 billion of major projects-Yunnan Academy of building research

Modern New Kunming the next five years need 360 billion of major projects

Published on.

2013-12-19

　　Recently, economic and social system innovation from Kunming, the briefing was informed that the next five years , modern new Kunming major investment projects in about 360 billion yuan , while the municipal finance can only provide about $ 4 billion a year , to address the shortage of construction funds , municipal government has formulated a series of new initiatives to accelerate the investment and financing system in Kunming .

　　It is understood that Kunming has issued a "further deepen the reform of investment and financing advice ," "on municipal investment and financing companies to inject resource assets ," the " Opinions on the financial support of the development of the industry ," " speed up the non- implementation Opinions public economic development "," implementation Opinions on Further Deepening the reform of state-owned assets supervision and administration , " and other policies to accelerate investment and financing system , encourage BOT, BO, BT, TOT and other ways to broaden the financing channels, to encourage and guide social capital to participate in urban infrastructure, public welfare and social programs , and encouraging non-public capital to enter the field of public utilities, infrastructure , social undertakings, modern agriculture, modern services , and support for non-public capital to participate in state- owned enterprises and economic restructuring and other areas, to support non-public capital to participate in the economic restructuring of state-owned and state-owned enterprise reform .

　　Financing structure adjustment , broadening financing channels , Kunming has also developed new initiatives in four areas to promote and develop policies to encourage and guide enterprises in the city's domestic and international capital markets , increase the proportion of direct financing . One is to guide and help Kunming companies listed on the stock market and abroad . Second, make full use of existing listed companies Kunming resources through asset restructuring, improve the quality of listed companies issuing new shares and rights to use the means to raise funds from the stock market . The third is to encourage and support local enterprises to issue bonds, especially in infrastructure construction , increase the use of corporate bond financing efforts to expand the scale of financing . Fourth, to actively promote and encourage a variety of projects to BOT, BT and asset securitization financing exploit domestic and foreign capital .

　　Meanwhile, make the investment and financing reform became the main government financing , guarantees subject, mortgage principal and the principal contract with the developers , the use of government assets operating capital , to achieve the purpose of urban construction. By 3-4 years, investment and financing company's annual capacity from 80 billion to finance 30 billion yuan ; assets and liabilities increased from 86% down to about 60% ; fight two more investment and financing companies through the issuance of bonds or asset-backed securities shares of the company after the financing , two more than the merits of the investment and financing companies integrate resources listed assets gradually standardized financing ; proportion of direct financing to more than 20% , the use of policy banks and the proportion of foreign capital increased to more than 40%.