{"id":"https://openalex.org/W4280635718","doi":"https://doi.org/10.3390/systems10030065","title":"Market-Oriented Transformation and Development of Local Government Financing Platforms in China: Exploratory Research Based on Multiple Cases","display_name":"Market-Oriented Transformation and Development of Local Government Financing Platforms in China: Exploratory Research Based on Multiple Cases","publication_year":2022,"publication_date":"2022-05-14","ids":{"openalex":"https://openalex.org/W4280635718","doi":"https://doi.org/10.3390/systems10030065"},"language":"en","primary_location":{"id":"doi:10.3390/systems10030065","is_oa":true,"landing_page_url":"https://doi.org/10.3390/systems10030065","pdf_url":"https://www.mdpi.com/2079-8954/10/3/65/pdf?version=1652691406","source":{"id":"https://openalex.org/S4210219410","display_name":"Systems","issn_l":"2079-8954","issn":["2079-8954"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://www.mdpi.com/2079-8954/10/3/65/pdf?version=1652691406","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5011219088","display_name":"Xiaoguang Li","orcid":"https://orcid.org/0000-0002-1504-2567"},"institutions":[{"id":"https://openalex.org/I20231570","display_name":"Peking University","ror":"https://ror.org/02v51f717","country_code":"CN","type":"education","lineage":["https://openalex.org/I20231570"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Xiaoguang Li","raw_affiliation_strings":["School of Economics, Peking University, Beijing 100871, China"],"affiliations":[{"raw_affiliation_string":"School of Economics, Peking University, Beijing 100871, China","institution_ids":["https://openalex.org/I20231570"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5062035308","display_name":"Guoli Feng","orcid":"https://orcid.org/0000-0003-2864-4994"},"institutions":[{"id":"https://openalex.org/I21193070","display_name":"Beijing Jiaotong University","ror":"https://ror.org/01yj56c84","country_code":"CN","type":"education","lineage":["https://openalex.org/I21193070"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Guoli Feng","raw_affiliation_strings":["School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China"],"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China","institution_ids":["https://openalex.org/I21193070"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5067888920","display_name":"Shengyue Hao","orcid":"https://orcid.org/0000-0001-9887-2349"},"institutions":[{"id":"https://openalex.org/I21193070","display_name":"Beijing Jiaotong University","ror":"https://ror.org/01yj56c84","country_code":"CN","type":"education","lineage":["https://openalex.org/I21193070"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Shengyue Hao","raw_affiliation_strings":["School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China"],"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China","institution_ids":["https://openalex.org/I21193070"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5011219088"],"corresponding_institution_ids":["https://openalex.org/I20231570"],"apc_list":{"value":1600,"currency":"CHF","value_usd":1732},"apc_paid":{"value":1600,"currency":"CHF","value_usd":1732},"fwci":6.4663,"has_fulltext":true,"cited_by_count":8,"citation_normalized_percentile":{"value":0.96339809,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"10","issue":"3","first_page":"65","last_page":"65"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11461","display_name":"Local Government Finance and Decentralization","score":0.9944999814033508,"subfield":{"id":"https://openalex.org/subfields/3320","display_name":"Political Science and International Relations"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11461","display_name":"Local Government Finance and Decentralization","score":0.9944999814033508,"subfield":{"id":"https://openalex.org/subfields/3320","display_name":"Political Science and International Relations"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.993399977684021,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11508","display_name":"Corporate Taxation and Avoidance","score":0.9754999876022339,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/government","display_name":"Government (linguistics)","score":0.6219988465309143},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5115383863449097},{"id":"https://openalex.org/keywords/debt","display_name":"Debt","score":0.4984016418457031},{"id":"https://openalex.org/keywords/transformation","display_name":"Transformation (genetics)","score":0.4867827594280243},{"id":"https://openalex.org/keywords/china","display_name":"China","score":0.48598822951316833},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.47664889693260193},{"id":"https://openalex.org/keywords/local-government","display_name":"Local government","score":0.4358536899089813},{"id":"https://openalex.org/keywords/development-plan","display_name":"Development plan","score":0.4267769455909729},{"id":"https://openalex.org/keywords/plan","display_name":"Plan (archaeology)","score":0.4176613688468933},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.3957105278968811},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.37061285972595215},{"id":"https://openalex.org/keywords/economic-system","display_name":"Economic system","score":0.3345121741294861},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.2978729009628296},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.14932191371917725}],"concepts":[{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.6219988465309143},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5115383863449097},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.4984016418457031},{"id":"https://openalex.org/C204241405","wikidata":"https://www.wikidata.org/wiki/Q461499","display_name":"Transformation (genetics)","level":3,"score":0.4867827594280243},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.48598822951316833},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.47664889693260193},{"id":"https://openalex.org/C2778719706","wikidata":"https://www.wikidata.org/wiki/Q6501447","display_name":"Local government","level":2,"score":0.4358536899089813},{"id":"https://openalex.org/C2776774022","wikidata":"https://www.wikidata.org/wiki/Q5266783","display_name":"Development plan","level":2,"score":0.4267769455909729},{"id":"https://openalex.org/C2776505523","wikidata":"https://www.wikidata.org/wiki/Q4785468","display_name":"Plan (archaeology)","level":2,"score":0.4176613688468933},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3957105278968811},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.37061285972595215},{"id":"https://openalex.org/C74363100","wikidata":"https://www.wikidata.org/wiki/Q273005","display_name":"Economic system","level":1,"score":0.3345121741294861},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2978729009628296},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.14932191371917725},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C147176958","wikidata":"https://www.wikidata.org/wiki/Q77590","display_name":"Civil engineering","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C3116431","wikidata":"https://www.wikidata.org/wiki/Q31728","display_name":"Public administration","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.3390/systems10030065","is_oa":true,"landing_page_url":"https://doi.org/10.3390/systems10030065","pdf_url":"https://www.mdpi.com/2079-8954/10/3/65/pdf?version=1652691406","source":{"id":"https://openalex.org/S4210219410","display_name":"Systems","issn_l":"2079-8954","issn":["2079-8954"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Systems","raw_type":"journal-article"},{"id":"pmh:oai:doaj.org/article:67468cfa60f14892b5f56e723706ad2c","is_oa":true,"landing_page_url":"https://doaj.org/article/67468cfa60f14892b5f56e723706ad2c","pdf_url":null,"source":{"id":"https://openalex.org/S112646816","display_name":"SHILAP Revista de lepidopterolog\u00eda","issn_l":"0300-5267","issn":["0300-5267","2340-4078"],"is_oa":true,"is_in_doaj":true,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Systems, Vol 10, Iss 3, p 65 (2022)","raw_type":"article"},{"id":"pmh:oai:mdpi.com:/2079-8954/10/3/65/","is_oa":true,"landing_page_url":"https://dx.doi.org/10.3390/systems10030065","pdf_url":null,"source":{"id":"https://openalex.org/S4306400947","display_name":"MDPI (MDPI AG)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4210097602","host_organization_name":"Multidisciplinary Digital Publishing Institute (Switzerland)","host_organization_lineage":["https://openalex.org/I4210097602"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Systems; Volume 10; Issue 3; Pages: 65","raw_type":"Text"}],"best_oa_location":{"id":"doi:10.3390/systems10030065","is_oa":true,"landing_page_url":"https://doi.org/10.3390/systems10030065","pdf_url":"https://www.mdpi.com/2079-8954/10/3/65/pdf?version=1652691406","source":{"id":"https://openalex.org/S4210219410","display_name":"Systems","issn_l":"2079-8954","issn":["2079-8954"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Systems","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.41999998688697815,"display_name":"Partnerships for the goals","id":"https://metadata.un.org/sdg/17"}],"awards":[{"id":"https://openalex.org/G6990015239","display_name":null,"funder_award_id":"2018YJS066","funder_id":"https://openalex.org/F4320335787","funder_display_name":"Fundamental Research Funds for the Central Universities"},{"id":"https://openalex.org/G8338052747","display_name":null,"funder_award_id":"71340008","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320335787","display_name":"Fundamental Research Funds for the Central Universities","ror":null}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4280635718.pdf","grobid_xml":"https://content.openalex.org/works/W4280635718.grobid-xml"},"referenced_works_count":26,"referenced_works":["https://openalex.org/W1569241634","https://openalex.org/W1968984013","https://openalex.org/W2009659122","https://openalex.org/W2069044251","https://openalex.org/W2087698037","https://openalex.org/W2151051372","https://openalex.org/W2165498091","https://openalex.org/W2368001959","https://openalex.org/W2372699457","https://openalex.org/W2740691231","https://openalex.org/W2796440076","https://openalex.org/W2911959393","https://openalex.org/W2945004418","https://openalex.org/W2961963257","https://openalex.org/W3090985800","https://openalex.org/W3122040261","https://openalex.org/W3205382536","https://openalex.org/W3205767486","https://openalex.org/W4205097945","https://openalex.org/W4207027633","https://openalex.org/W4210289283","https://openalex.org/W4210526291","https://openalex.org/W4210572964","https://openalex.org/W4250148599","https://openalex.org/W6667716991","https://openalex.org/W6762772143"],"related_works":["https://openalex.org/W2350172052","https://openalex.org/W2388199354","https://openalex.org/W2381966277","https://openalex.org/W2377004150","https://openalex.org/W2323427740","https://openalex.org/W2372673531","https://openalex.org/W599463323","https://openalex.org/W2367781066","https://openalex.org/W1592002574","https://openalex.org/W2348662058"],"abstract_inverted_index":{"In":[0,25],"recent":[1],"years,":[2],"the":[3,29,37,39,48,55,58,62,74,82,92,96,103,114,119,122,125,131,138,154,162,170,184],"disorderly":[4],"development":[5,66,70],"of":[6,36,45,64,88,91,98,110,113,121,127,130,141,144,157,164,177,186],"local":[7,12,146],"government":[8,13,22,147],"debt":[9,23,30],"financing":[10,14,35,151],"and":[11,60,85,106,124,136,149,159,174,179,192],"platforms":[15],"(GFP)":[16],"in":[17],"China":[18],"has":[19,41],"brought":[20],"huge":[21],"risks.":[24],"order":[26],"to":[27,53,73,80],"control":[28],"increment":[31],"caused":[32],"by":[33],"illegal":[34],"GFP,":[38],"state":[40],"issued":[42],"a":[43],"series":[44],"documents.":[46],"Under":[47],"new":[49],"economic":[50,69],"form,":[51],"how":[52],"determine":[54],"position,":[56],"choose":[57],"road,":[59],"plan":[61],"path":[63,163],"market-oriented":[65,89,111,128,142,165],"for":[67],"high-quality":[68],"is":[71,78],"critical":[72],"GFP.":[75,93,115,132],"This":[76],"paper":[77],"committed":[79],"solving":[81],"key":[83,155],"points":[84,156],"transformation":[86,90,108,112,129,143,166,178],"paths":[87],"(1)":[94],"On":[95],"basis":[97],"literature":[99],"research,":[100],"it":[101],"analyzes":[102,137],"necessity,":[104],"feasibility,":[105],"current":[107],"difficulties":[109],"(2)":[116],"It":[117,134],"defines":[118],"concept":[120,126],"GFP":[123],"(3)":[133],"collates":[135],"real":[139],"cases":[140],"four":[145],"(county-level":[148],"above)":[150],"platforms,":[152],"studies":[153],"transformation,":[158],"systematically":[160],"summarizes":[161],"from":[167],"three":[168],"aspects:":[169],"goal,":[171],"work":[172],"plan,":[173],"implementation":[175],"scheme":[176],"development.":[180],"(4)":[181],"Based":[182],"on":[183],"idea":[185],"finding":[187],"problems,":[188,190],"diagnosing":[189],"optimizing,":[191],"improving,":[193],"we":[194],"put":[195],"forward":[196],"optimization":[197],"strategy":[198],"suggestions.":[199]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2022-05-22T00:00:00"}