With capital surplus, a considerable number of financial resources from the real economy, the problems of illegal financing and debt of the local governments are emerging. Regarding this, Anbound research team believes that to solve the local financing problems, the focus should guiding social capital into the market system to encourage private enterprises as the core to develop consortium economy. Other than that, there should be further standardization of standardize the local debt management and financing platform and strengthening financing platform for the audit and debt recognition, as well as speeding up the platform of the company’s market transformation to realize credit stripping with the government.