Research On The Infrastructure Reform Of Invest-finance System In China

The infrastructure is the foundation of economic growth in a social and closely relates to people's living, social welfare, so every country highly values developing it. In the last ten years, the total amount of the infrastructure in our country has already been improved greatly, but under the current invest-finance system, the government monopoly the investment and management of the infrastructure, which results in many problems, such as low efficiency, scant supply etc. Therefore, it is an urgent task for our country to set up a new system and fasten the development of our infrastructure to keep up with the economic development.Which direction should our reform act on, how to introduce market mechanism into infrastructure and how to grasp the key problem of reform as soon as possible, these are core questions I am trying to demonstrate in this text.The full text is has been consisted of the preface and five parts, and the main contents of each part are as follows:The preface mainly illustrates the writing background and the themes studied in this article.Firstly, the article demonstrates several basic concepts and theories related to invest-finance system. This part begins with the definition of the invest-finance system and infrastructure, and analyses the characteristics of the investment and financing in infrastructure. Then it explains the meaning and types of the invest-finance system of infrastructure.The second part represents the infrastructure invest-finance system in China. After simply reviewing the twenty year's reform of infrastructure invest-finance system in China, it points out the characteristics and reasons of our present infrastructure invest-finance system. On the basis of that, it analyses the results caused by government domination.Secondly, I mainly investigate foreign infrastructure invest-finance system, and conclude that our country should build up a policy-leading invest-finance system ininfrastructure field, which is leaded by the government and operated by market mechanism. Particularly, it emphasizes two keys of market-operating mechanism, one is to allow the civil capital into investing the infrastructure, and the other is to develop market-financing modes suitable for our country.Fourthly, I analysis in detail on leading the civil capital into the infrastructure It is divided to three sections, including the present facts, possibility research and specific methods of the civil capital's participation in infrastructure in China.Finally ,this text mainly discuss the innovations of financing modes in the current infrastructure, that is widening financing channels by availing bond and stock market and developing investment fund of the in infrastructure.