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为应对国际金融危机,我国政府已经推出了总额达4万亿元的两年投资计划,其中有2.82万亿元需要由地方政府和社会资金配套。因此,经济刺激计划的实际效果如何在很大程度上取决于地方政府配套资金的跟进。然而,自2008年下半年以来,受国际金融危机和国内经济周期的双重影响,地方税收收入以及土地出让金等非税收入急剧下滑,地方政府的融资难度不断加剧,难以为经济刺激计划的有效实
In response to the international financial crisis, our government has launched a two-year investment plan totaling 4 trillion yuan, of which 2.82 trillion yuan needs to be complemented by local governments and social funds. Therefore, how the actual effect of the stimulus package depends to a large extent on the follow-up of matching funds by local governments. However, since the second half of 2008, due to the double impact of the international financial crisis and the domestic economic cycle, non-tax revenues such as local tax revenue and land transfer fees have dropped sharply. As a result, the financing difficulty of local governments has been aggravated and it is difficult to make the economic stimulus plan effective real