analysis of the hidden financial risks of land and related network response（隐藏的财务风险的分析土地和相关网络响应）.doc

Analysis of the hidden financial risks of land and related network response Write papers network: [Abstract] The formation of China’s land and financial and tax system reform, and fiscal revenue to GDP as the core of the performance evaluation system. Financial instability and the land has not sustainability, is leading an important factor in reducing the amount of cultivated land, land under severe financial damage to farmers’ interests, but also lead to financial risks. Therefore, we should increase the public finance system, improve the land tax system, strict land management system, strengthen land planning and management, changes in local government financial dependency on the land. [Keywords] land finance, risk, policy recommendations Currently, the survival of landless peasants, and urban development issues of high prices, the real estate bubble, etc. The problem is widespread concern about people’s livelihood, which are generally implemented with the local government fiscal policy on the land, local governments more dependent on land finance large, the greater the likelihood of risk, so the hidden risks of financial and land management measures, will help local financial security and achieve sustainable economic and social development. A financial analysis of the causes of land ‘Land Finance’ is the current financial difficulties facing local government in exchange for use of land revenue when the short-term behavior of this kind of metaphor, including local government through land taxation, land use rights, land financing, land and other means to obtain financial gain directly or indirectly, the ability to increase fiscal spending behavior. ... land revenue and land mortgage bank loans, has become the city and other major infrastructure investment funding. Since 2002 the implementation of state-owned land use right transfer ‘auction’, China’s land prices 8.9% annual rate of rapid rise, high land to local governments brought cons