Author(s): LIU Zhibiao, ZHOU Xuedong, WU Xianman, LI Wensen, Jiangsu Provincial Academy of Social Sciences, Nanjing Branch of People’s Bank of China
Pages: 13-22
Year: 2014 Issue:  1
Journal: Journal of Nanjing University of Posts and Telecommuincations, Social Science
Keyword:  municipal bond; new-type urbanization; Jiangsu economy;
Abstract: To actively and prudently push forward the new type of urbanization is the key orientation to deepen the reform and development of Jiangsu economy in a comprehensive way. During the boost of the new-type urbanization,it is inevitable to conduct large-scale infrastructure construction,which will demand huge funds and call for reform and innovation of investing and financing mechanism and mode in urban construction. Many conflicts and problems exist in the present investment and financing of urban construction that do not adapt to the requirements of new-type urbanization,and that need immediate adjustment,reform and innovation. A key reform is to issue municipal bond. In the experimental case of Jiangsu,it is necessary to push forward the work step by step,make systematic research and design,and go through strict feasibility study. Solutions have to be found to solve the issues like the issuance of the bond,the use of the capital,the bond redemption,the bond management and supporting conditions.