Viewpoint Real Estate News: 65438+February 65438+June, the State Council held a routine briefing on the State Council policy. Xu Hongcai, Vice Minister of Finance, Song Qichao, Director of Budget Department and Director of Government Debt Research and Evaluation Center attended the briefing, introduced the situation of strengthening and improving the management of local government special bonds, and answered questions from reporters.

Xu Hongcai, Vice Minister of Finance, said that we should resolutely curb the increase in hidden debts and strictly block the "back door" of illegal and illegal debt financing; Steadily resolve the hidden debt stock, adhere to the principle of no assistance from the central government, and achieve "whoever holds the child will hold it."

The Ministry of Finance said that the first is to improve the normalization monitoring mechanism. Strengthen information sharing and collaborative supervision among departments, unify understanding, unified caliber and unified supervision, and form a joint force of supervision.

The second is to resolutely curb the increase of implicit debt. Strictly block the "back door" of illegal and illegal debt financing, focus on strengthening risk source control, harden budget constraints, require strict local construction project audit, control the financial "gate" of new project financing, strengthen the debt financing control of local state-owned enterprises and institutions, prohibit illegal borrowing for local governments in disguise, and never allow new projects and new stalls to add hidden debts.

The third is to steadily resolve the hidden debt stock. Adhere to the principle that the central government does not help, so that "whoever holds the child." Establish a market-oriented and rule-based debt default disposal mechanism, steadily resolve the hidden debt stock, realize the reasonable risk sharing between debtors and creditors according to law, and prevent "disposal risk". Adhere to classified and prudent disposal, and correct some irregularities in government investment funds, cooperation between government and social capital, and government purchase of services.

The fourth is to promote the market-oriented transformation of platform companies. Standardize the financing management of financing platform companies and prohibit the establishment of new financing platform companies. Standardize the disclosure of financing information of financing platform companies, and it is strictly forbidden to link with local government credit. Promote the market-oriented transformation of financing platform companies by classification, properly handle the debts and assets of financing platform companies, and divest the government financing functions of financing platform companies. Prevent local state-owned enterprises and institutions from being "platformized".

The fifth is to improve the supervision and accountability mechanism. Promote the introduction of lifelong accountability and accountability system, and resolutely investigate and deal with accountability violations. Urge the provincial government to improve the accountability mechanism, find and investigate illegal debt-borrowing behaviors together, and achieve lifelong accountability and thorough investigation.

Xu Hongcai said that in the next step, the Ministry of Finance, together with relevant departments, will improve the system and mechanism to strictly curb new hidden debts and steadily resolve existing hidden debts, effectively prevent and resolve major risks, resolutely leave no future trouble, and firmly hold the bottom line that no systematic risks will occur.