CAJ | 학술논문

政府投融资对高速铁路项目的建设具有重要作用。近年来，我国高速铁路项目发展很快，建设规模越来越大，现行的政府投融资模式已不适用，存在负债风险升高、建设资金紧张、投融资模式单一僵化等问题。通过借鉴日本、法国和韩国等发达国家高速铁路项目政府投融资的成功经验，我国应加快创新多元政府投融资模式，设置合理资本投资比例，并成立专门机构负责投融资运营管理，同时完善相应的立法政策，从而构建出与高速铁路建设可持续发展相适应的的政府投融资模式，促进我国高铁事业的进一步发展。
정부투융자대고속철로항목적건설구유중요작용。근년래，아국고속철로항목발전흔쾌，건설규모월래월대，현행적정부투융자모식이불괄용，존재부채풍험승고、건설자금긴장、투융자모식단일강화등문제。통과차감일본、법국화한국등발체국가고속철로항목정부투융자적성공경험，아국응가쾌창신다원정부투융자모식，설치합리자본투자비례，병성립전문궤구부책투융자운영관리，동시완선상응적입법정책，종이구건출여고속철로건설가지속발전상괄응적적정부투융자모식，촉진아국고철사업적진일보발전。
Governmental investment and financing for high speed railway projects play an important role. In recent years, since high speed railway projects have been developed rapidly in China and the construction scale is expanding, the current governmental investment and financing pattern is not workable with increasing liability risks, construction fund shortage and the single and inflexible investment and fi-nancing pattern. Learning from the success stories in Japan, France and South Korea, China should accelerate the creation of multiple pat-terns of governmental investment and financing, set up reasonable capital investment proportion, and establish special agencies in charge of investment and financing operation and management. in addition, the government should improve relation legislative policies. By doing so, new governmental investment and financing patterns could be created for the facilitating the sustainable development of high speed railway in China.