Study On Feasibility Of Informal Finance Supporting Eco-Environment Reconstruction In West China And Its Modes

Ecological environment of west China is the important barrier to Chinese Middle and eastern eco-environment. At the beginning of 21 century, the government suggested investing 100 billion Yuan to improve west eco-environment. But because the reconstruction is a big systematic project that demands large amount of capital, and the projects are high risk investment, the result of the environment protecting is unsatisfactory. Eco-environment deterioration is still going on. Therefore, it is the natural and necessary choice that to attract broad social capital and establish a diversity of investors.In recent years, Chinese informal finance develops very fast. It has become the important part of Chinese economy. Informal finance has accumulated huge sums of capital which to seek invest direction. Consequently, to study on feasibility of informal finance supporting eco-environment reconstruction in west China has great ecological, social and economic meaning. The thesis includes three parts and seven chapters.The fist part includes the first two chapters. Chapter one gives an overview of the research background, purpose, significance, ideas and methods, and the potential innovation. Chapter two is the theory basis of the whole thesis, which introduces theory of informal finance and public goods provided by private departments.Chapter three, four and five compose the second part, which discuss the feasibility of informal finance supporting eco-environment reconstruction in west China. Chapter three, introduces some developed countries'experiences on ecological construction. It gives the private forestry construction of the USA, Japan and Germany as examples. Chapter four analyzes the drawbacks that financial and formal finance organizations invest eco-environment reconstruction, and then it summarized systemic, political and idealistic obstacles that informal finance supports the reconstruction. However, it has the successful cases in province of Nei Menggu and Yun Nan. Chapter five analyzes the economic, organizational and institutional feasibility of informal finance supporting eco-environment reconstruction. In the last part of chapter five it uses SWOT method to analyze how informal finance supports private enterprises to participate in eco-environment reconstruction, which deepens the feasible conclusion further.The last part concludes chapter six and chapter seven, which analyzes the financing modes that informal finance supports eco-environment reconstruction and the policy proposal. The modes include BOT, ABS and establishing west eco - environment reconstruction project industry investing funds. At last, the thesis suggests some policy proposals, including legislation support, revenue policy improvement to create an equal investing environment.Through the hard-working of the government, all the society and inform finance, the reconstruction course must be quickened.