Yes, it is one of the ways for local governments to borrow money.

Financing platform, that is, the government investment financing platform of major cities in China, referred to as "city investment" for short. Originated from 199 1. At that time, the State Council carried out a new round of government investment and financing system reform, requiring local governments not to be directly responsible for infrastructure construction, but to operate as companies and undertake corresponding government functions; Many of these companies are unprofitable and belong to institutions or wholly state-owned companies. They make profits through government subsidies and belong to special market operators with government nature.

Bank loans to "city investment" companies in this area are financing platform loans.

Which institution handles government loans in China?

financial department

(1) Generally speaking, loans from government loan organizations and state financial funds are handled by the government's chief financial officer or a specialized agency established by the government through the financial department. For example, there is an "Agency for International Development" under the the State Council of the US government, and the Economic Planning Department of the Japanese government has also set up an "Overseas Economic Cooperation Fund". The Kuwaiti government has an "economic" foundation for economic development-these are professional institutions that handle bilateral loans between governments. These institutions specialize in implementing loan agreements signed with the government and signing specific loan contracts with relevant institutions in borrowing countries to use loans. Examination and approval, supervision and management. Loan funds are usually issued outside the jurisdiction of the two countries. The foreign exchange bank is an agent bank, responsible for specific payment and repayment.

Loan procedures Generally speaking, the loan process is mainly divided into three steps. First, apply for a loan. By establishing the required loan, the borrower conducts a feasibility study on the project, prepares a feasibility study report, a construction project implementation plan and other related payment application documents; Generally, the embassy of the borrowing country can submit a loan application to the government of the borrowing country. 2 Review and commitment. The loan government handles the loan application documents. Where feasible, conduct research and review in combination with the national conditions, and study and determine the loan amount, interest rate conditions and repayment period. The decision of the foreign affairs department shall be notified to the borrowing country. Achievement is a promise. 3 negotiation and signing. The two governments reached a loan agreement, negotiated the matter, reached an agreement, signed it and declared it effective. Compliance loans include a number of construction projects, which can be signed after signing the loan master agreement. The loan agreement shall be signed item by item, or the master agreement may be signed at one time. For example, the loan must be used once a year, and the agreement can be signed once a year. All loan associations implement this proposal through specialized agencies.

The loan term and the loan term are agreed in the loan agreement, which specifically includes three parts: the service term of the loan, or the withdrawal term is generally agreed to be 1-5 years; The repayment period of a loan generally stipulates that the principal and interest of the loan will be repaid once or twice a year within 10, 20 or 30 years; The grace period of the loan is the period when the principal and interest are not repaid or the principal is not repaid within a period of time after the loan is used. (4) Additional conditions for loans Although government loans are preferential in nature, they should serve the political, diplomatic and economic interests provided.

In addition to borrowing in cash (freely convertible foreign exchange), government loans sometimes stipulate some additional conditions: ① The money received by the borrowing country is limited to buying goods from the lending country, thus promoting the export of products from the lending country and expanding its commodity export scale; (2) Countries that get loans are limited to public bidding, or can only purchase goods from "qualified resource countries" in developing countries and regions, including members of the Organization for Economic Cooperation and Development and members of the Development Assistance Committee. (3) When using government loans, a certain proportion of export credit of the lending country should be used jointly. This will not only promote the export of private financial capital and commodities in the lending country, but also obtain the cash income of 5% to 15% that the importing country should pay when using export credit commodities.

Operating environment apple 13ios 15.

Conditions for government interest-free loans

Conditions for interest-free loans:

1. You must be a citizen of China. Applicants for personal interest-free loans must be at least 18 years old and cannot be over 45 years old. They are China citizens with full capacity for civil conduct. Foreigners are not allowed to apply.

2. Have a stable address and a local permanent address, that is, have a fixed residence and a local hukou. In other words, if the applicant wants to apply for an interest-free loan, he needs to apply at the place where the account is located.

3. Good credit information. Applicants for interest-free loans have good credit and repayment ability, stable work and income, and no bad credit record. Interest-free loans are different from other loans and need to provide guarantees and guarantors.

4. The purpose of the loan, which is the key to the interest-free loan conditions. If the loan is used for project construction or individual business, then the project is feasible, which is conducive to the sound development of social economy and has good social and economic benefits.

How to apply for an interest-free loan:

1. After meeting the interest-free loan conditions, the individual applies for registration and fills in the loan approval materials.

2. Banking institutions check loan applicants and commercial projects.

3, the bank audit institutions will determine whether to issue loans and loan quotas.

4. After approval, the banking institution notifies the applicant to fill in the loan contract; Finally, wait for the loan.

Extended data:

"Zero interest rate" is a loan contract reached between banks and individuals or organizations through mutual trust. Generally speaking, international private commercial banks provide interest-free loans, including bank loans for consumers' shopping or further study. A handling fee of 1% will be charged, which means that the income of the bank will at least offset the administrative expenses, and then the bank will cooperate with the request to join credit cards or various members or open trading accounts when making interest-free loans.

Process:

Small secured loans have a clear division of labor, and the labor department accepts the application, then the guarantee institution confirms the guarantee, and finally the bank applies for the loan. "If entrepreneurs want to apply, they can consult the local labor department. At present, individuals pay interest first, then financial subsidies, or financial interest subsidies in advance. The relevant plan has not yet been determined, but the financial interest subsidies are affirmative. "