The Mechanism and Effectiveness of Special Bonds Empowering High Quality Economic Development—Taking Qingdao as an Example
In recent years,the issuance scale of special bonds in Qingdao has continued to expand,effectively promoting stable economic development.The distortion of resource allocation and the accumulation of financial risks caused by debt expansion can't be ignored.To solve a series of problems such as low investment efficiency of special bonds,imbalanced allocation of debt funds,and credit competition squeezing out enterprise investment and financing,it is necessary to strengthen the management of special bond project application review,return to the"investment"attribute of special bonds,stabilize debt growth,and incorporate population factors into development planning to optimize resource allocation efficiency,promote industrial upgrading,and stimulate enterprise innovation vitality.
special bondshigh-quality developmentmechanismeffect
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