预算法第28条明确规定“除法律和国务院另有规定外,地方政府不得发行地方政府债券”。但是,为了解决融资问题,一些地方政府通过成立融资平台方式直接或间接举债,由此形成了大量的地方隐性负债。特别是2008年受到金融危机冲击后,中央推出4万亿元经济刺激计划,为解决建设项目地方配套资金问题,融资平台快速增加。客观分析,地方融资 Article 28 of the Budget Law clearly stipulates that “Local governments may not issue local government bonds unless the law and the State Council provide otherwise.” However, in order to solve the financing problem, some local governments set up a financing platform to borrow directly or indirectly, resulting in a large number of local hidden liabilities. Especially after being hit by the financial crisis in 2008, the central government launched the 4 trillion yuan economic stimulus package. As a result, the financing platform has rapidly risen in order to solve the problem of supporting funds for construction projects. Objective analysis, local financing