在今年《政府工作报告》作出"加快剥离地方融资平台政府融资功能"部署后，7月30日召开的中央政治 局会议进一步提出"有力有序有效推进地方融资平台出清"的新要求。在受访专家看来，后续不仅要继续 加快有条件转型的地方政府融资平台公司（以下简称"融资平台"）剥离政府融资功能，转型为自主经营 的市场化主体，还要对无法转型的融资平台进行彻底清退。鉴于不同地区融资平台"出清"难度压力不 同，有必要加强对融资平台转型的政策支持。 融资平台转型进入提速期 融资平台债务风险是地方政府隐性债务风险的重要来源。近年来，财政系统持续推进融资平台改革转 型，财政部多次强调加速剥离融资平台政府融资功能。"中央政治局会议要求融资平台'出清'，表明要 彻底完成融资平台转型，摆脱传统模式，从根本上化解风险。"中央财经大学教授温来成对证券时报记 者说。 自2023年一揽子化债方案实施以来，各地掀起"退平台"热潮，去年11月开启发行的置换债券则进一步加 速"退名单"进程。据中国人民银行行长潘功胜介绍，与2023年初相比，2024年末约有40%的地方政府融 资平台通过市场退出、市场化转型等方式退出了融资平台的序列。 退出融资平台序列，并不意味着融资平 ...

Core Viewpoint - The recent emphasis on the "clearing" of financing platforms indicates a critical phase in addressing local government debt risks and accelerating the transformation of these platforms into market-oriented entities [2][3][4]. Group 1: Financing Platform Transformation - The transformation of financing platforms is accelerating, with a focus on eliminating government financing functions and transitioning to independent market operations [1][2]. - Since the implementation of the debt resolution plan in 2023, there has been a surge in efforts to exit financing platforms, with approximately 40% expected to exit the financing platform sequence by the end of 2024 [2]. - The sustainability of the market-oriented transformation of financing platforms is in question, as many are under pressure to meet the goal of eliminating hidden debts by the end of 2028 [2][3]. Group 2: Challenges and Issues - Many financing platforms face challenges such as poor asset quality and inadequate governance structures, which hinder their ability to transition effectively [4]. - The concept of "clearing" aims to eliminate non-transformable shell companies and sever government credit backing, promoting a healthy connection between government resources and the market [4][5]. - True "clearing" involves shifting financing platforms away from government-related operations and focusing on urban operations and resource revitalization [4]. Group 3: Policy Support and Implementation - The central government has called for a strong, orderly, and effective approach to the clearing of financing platforms, emphasizing the need for controlled risk management during the exit process [6]. - Different regions face varying pressures regarding the clearing of financing platforms, necessitating diverse financial support for their market-oriented transformation [6]. - Local governments are encouraged to inject high-quality operational assets into financing platforms to enhance their market capabilities and sustainability [6].