本文从融资的期限结构、资金使用的项目类别、城市化投资项目的风险分担以及防范财政金融风险的角度分析地方政府债券、政策性银行以及PPP三种可持续的城市化融资方式,重点阐述每种融资方式的优点及在我国完善和推广这些融资模式的政策建议,以期达到“开前门”、“堵后门”、防范地方政府新增债务风险的目的。 This article analyzes three types of sustainable urbanization financing methods, including the term structure of financing, the types of funds used, the risk sharing of urbanized investment projects and the prevention of financial and financial risks, The advantages of such financing methods and the policy suggestions for improving and popularizing these financing models in China so as to achieve the goal of “opening the front door” and “blocking the back door” so as to prevent the local government from newly adding to the debt risk.