Local governments’ debts which mainly concentrated in below the provincial level governments are the products of economic revitalization plan that China launches to deal with the financial crisis. Public-Private Partnership (PPP) mode is the means of finance innovation of local government to maintain and expand public investment, which is strongly promoted across China since 2014. After surveying of a development zone in Xingjiang province, this paper found that the local governments resolve the stock debt burden by using PPP mode to expand public investment, which is the way to increase the growth of economy steadily, but at same time it also faces huge fiscal risk. Suggestions and countermeasures of financial risk of controlling PPP mode are offered under the background of resolving the stock debt burden.
Huang Xinzhong
,
Zhou Li
. On Financial Risk of Controlling PPP Mode under the Background of the Stock Debt[J]. Finance & Economics of Xinjiang, 2017
, 0(5)
: 37
-44
.
DOI: 10.16716/j.cnki.65-1030/f.2017.05.005
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