A Study On Fiscal Policy To Promote Development Of Environmental Protection Investment In China

Three decades of reform and opening-up China’s economy has achieved rapiddevelopment, but at the same time, environmental pollution in China is becomingincreasingly serious. General Secretary Hu Jintao in2006proposed the establishment ofenvironment-friendly society, and protecting the environment as a long-term strategicobjective. The Environmental Protection based on capital investment backing. Therefore,by studying the China’s environmental protection investment issues, we got importantexperience. The experience is in favor of economic development.The paper through the latest statistics on the status of environmental protectioninvestment, respectively, starting from the size, structure, efficiency of investment inenvironmental protection, summed up the development trend of investment inenvironmental protection, come to the historical debts in the process of China’senvironmental protection investment, total investment inefficient investment and otherissues. If you are not well solving these problems, is bound to bring great pressure ofenvironmental protection work. Due to the presence of failures in the field ofenvironmental protection market, which requires the government must play themacro-control capacity in the environmental protection work, the government’smacro-control means, economic means is the most efficient.The paper is divided into seven parts to be described, the first part is the introduction, itintroduces the research background of the article, significance, research methodology andresearch reviews at home and abroad, to lay the foundation for the follow-updemonstration of the article. The second part is the theoretical basis of the paper, the mainarticle about the various definitions, and can support the theory of perspective in thisarticle; the article the policy has laid a theoretical foundation. The third part is the statusquo of China’s investment in environmental protection, through empirical analysis to theinvestment of the insurance coverage of all aspects of research, analysis of the size ofChina’s investment in environmental protection, environmental protection and investmentstructure and the efficiency of investment in environmental protection. The fourth part is the problems on the current investment in environmental protection, through the analysisof the third part, we can know China’s problems on environmental protection investment.Then the paper analyzes the reasons. The fifth part is the foreign experience. Throughanalyzing the environmental management in some European countries, the United Statesand Japan, we get some guidance on the formulation of our policy. The sixth part is thepolicy recommendations for the above analysis, the financial system within the frameworkof their policy recommendations.For a range of issues in the field of environmental protection investment, the paperproposed policy recommendations: rational division of the power of investorsenvironmental protection; increase government financial investment on the basis offinancial subsidies or tax incentives to encourage private capital to invest; buildenvironmental protection service market system; establish a scientific evaluation of theinvestment in environmental protection system and supervision system for environmentalprotection industry to create a favorable investment environment.Investment in environmental protection is an emerging topic, and a late start in thedomestic research in recent years was only a majority of economists hot. This articlefocuses on research of this emerging problem. The innovation of the paper is: the use ofthe latest data to analyze the current situation of environmental protection investment,come to the problems in the investment in environmental protection and to analyze thereasons put forward suggestions to promote the development of environmental protectioninvestment.In this paper, the writing on the basis of the results of the analysis of previouseconomists, environmental investment in China started late, combined with limitedindividual ability and summarized the one-sided point of view is inevitably limited. Inaddition, a limited grasp of foreign information and data in the chapter on ForeignReference is a little weak.