The Study Of Finance For The Environmental Protection Industry Project In China

In recent years, China’s economy has developed rapidly,the total amount of China’s economic ranking second in the world ranking in2011,accounting for10%of the share of the world has become a wonderful work on the world stage. But China’s large population base, the unique structure of the energyas as well as being accelerated industrialized process has constituted extraordinary pressure on the environment and resources. The issue of environmental protection and economic development getting more prominent day by day, have become one of the difficult problems of restricting development of our country. How to maintain the rapid growth of the Chinese economy, improve the quality of life of the people, and to promote the sustainable development of population, resources, environment, is major problems to be solved by us. For this reason, our country put forward protect the environment problem a fundamental state policy to regard as our country indentify clearly.The environmental protection industry is essential to solve the contradiction of the environment-economic development, improve the environment, and to solve environmental problems, is the only way to achieve economic, social, and environmental sustainability. In the past20years, China’s environmental protection industry has made considerable progress and development, but it is far from meeting the requirements of environmental protection, compared with the world advanced level, there still have very big difference.There are financial bottlenecks of environmental protection industry projects,because of its long investment cycle, large capital requirements, limited financing channels. According to the current investment mechanisms and financing ability, relying solely on bank credit and financial investment has been difficult to meet the demand of the development of environmental protection industry, The environmental protection industry financing need to look for other ways to expand the financing channels, to look for other financing is the only way to crack the problem of financing. The greatest problem that the environmental protection industry of our country faces for a long time is to under-capitalize, financing is not smooth. How to choose a financing mode of environmental protection industry which is suitable for the national conditions of our country, is a core herein to solve the environmental protection industry and develop the difficult problem.The plan clearly put forward in support of energy conservation and environmental protection enterprises listing and financing, and increase the fiscal and policy support, arranging the central financial energy saving and recycling economy special funds to support energy saving projects and the development of energy-saving environmental protection industry of key projects to improve energy-saving, water-saving environmental protection and comprehensive utilization of preferential tax policies mature tariff lines to the introduction of environmental tax. In order to solve the issues of environmental protection industry shortage of funds, it is proposed to broaden the financing channels. Through the support of national policy, I believe that China’s environmental protection industry will solve the capital bottleneck. The gap with the developed countries can be narrowed and to achieve sustainable economic development of the state.This paper is based on the environmental protection industry project as the research object, and the environmental protection industry project financing problem as the research core, and analyzes on the current financing for the environmental protection project as the starting point,and put forward suggestions of China’s environmental protection industry project financing. This paper first started in the environmental protection industry research status at home and abroad, from the environmental protection industry financing present situation, existing problems and reasons. Mainly through the study of the main problem and analysis the reason for the financing of environmental protection industry, learn from foreign advanced experience in the financing of environmental protection industry, combined with China’s actual conditions, finance theory as a guide, put forward some new ideas of China’s environmental protection industry in financing, and finally put forward measures and suggestions to improve the development of China’s environmental protection industry financing.The paper is made up of five parts.The first part is the introduction, mainly includes the background of topics, the purpose and meaning of the research, the domestic and foreign research results,the definition of the subjects and the content, idea and method of the research.It is mainly from the macro point of view of the current environmental protection industry projects in China’s socio-economic background, and analysis from a practical operational level significance of this research.The second part is the theoretical basis of the environmental protection industry project financing, at first introducing the concept of environmental protection industry, environmental protection industry characteristics, and then elaborating on the theory of the environmental protection industry financing, mainly on the theory of public goods, externality theory, the Coase Theorem and emissions trading and other related theory, These theories is the theoretical basis.The third part is the analysis of current situation of financing of environmental protection industry in our country, emphasize analysing the difficulties and the reasons of the China’s environmental protection industry project financing, and finally drawing the financing problem of the industry of our country environmental protection project, to do the important groundwork for the new situation of China’s environmental protection industry funding modalities characterized.The fourth part is the experience and enlightenment of overseas financing of environmental protection industry. It is the United States and Japan as an example among the developed countries, respectively introduced the financial support and the experience of two country, And summarized for China’s environmental protection industry financing.The fifth part is suggestions of our country environmental protection industry financing. This part mainly consists of two major elements:the first large content is China’s environmental protection industry financing methods, through the environmental protection industry financing principle, put forward our country to should be main bodies, much channel, a plurality of the environmental protection industry project financing mode. Actively expand financing channels innovation financing mechanism. Second large pieces of China’s environmental protection industry financing policy proposal, the government should strengthen macroscopical guidance reduction intervention, deepen the reform of sewage charges system and collecting the environmental protection tax.