Investment And Finance Research Of Expressway

The number and quality of our expressway is rapidly increasing historically after the policy in 1985 of "loaning for expressway and charging repay a loan". The appearance of expressway has greatly changed the life style of Chinese, and shorted the time and the space. The first expressway of China Hu Jia expressway has impressed us deeply both in society and economy benefit. The problem of communication shortage will be possibly solved by expressway construction. It is more and more distinct that expressway is bettering the investment surrounding, hastening the communication of the people, material and information, supporting the economic development in the old revolutionary, the border the minority and the poor areas and strengthening the national defense construction. It took 20 years to develop the expressway from 0 to 41000km in the mainland of China. The expressway construction requires a big number of money and quite a long time. It has been a problem to finance for expressway construction and communication development. For the historical, system and mechanism reasons, it had been supported by the government to construct the highway for quite a long time. After the reform and open policy, a great changes have taken place both in the investment and finance policies, the center and local government is generally short of money. The investment from the center government in the expressway construction has been gradually decreasing, the communication department and the construction units have to finance for the expressway by themselves. It has brought many problems in the expressway finance such as finance only in one way and not...