Three Levels Of Infrastructure Investment And Financing Management System To Build The Research

According to the property theory and institution innovation theory of new institution economics. The article analyzes the institution innovation process and the institutional obstacles of Chinese citizen infrastructure investment and says that institutional obstacle is the radical reason that leads to the lack of infrastructure investment. On the base of it, the article puts forward that in order to resolve the lack of infrastructure investment, the institution innovation is necessary and analyzes the reason, main body, method and routine choice of the innovation. At last the conclusion is to form three-levels administration system in our country.It is necessary to form three-levels administration system because the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) can't administrate so many corporations directly. The thesis puts forward the theory base of three-levels administration system and designs the system. The author designs the three-levels administration system as following: the first level is SASAC, it is responsible for the management, the second level is holding company that managing capital and building a capital bridge between SASAC and corporation. The company runs according to the modern capital law. State-owned administration management will be replaced with state-owned capital management. The second level has the property right. The third level is the state-owned holding company. The first level is the reform question of state-owned corporation, if the regulation exists, it will become true easily. The third level is the corporation that limited by corporation law. So the second level is hard to build, this is that we always call infrastructure managing corporation. The second level is the critical level whether the three-levels administration system will be successful or not.The article consists of six parts. The first part is the preface that tells the intention, the writing background, the structure arrangement. The second part tells that the institutional obstacle of infrastructure investment is the radical reason that lead to the deficiency of infrastructure investment. The third part says the way of infrastructure institutional innovation is compulsive, the government is the main body, the government has the advantage. The forth part analyzes the routine of...