The Guiding And Promoting Mechanism Of Financial Input On Science And Technology

With the rapid development of global economic, the level of technology has an important and decisive influence on a country’s comprehensive international competitiveness. Most of countries improve the importance of guiding and promoting science and technology input to the strategic height. And now in order to realize the fundamental shift from "Made in China" to "Created in China", it is essential for out country to build an effective guidance and promotion mechanism of fiscal input on science and technology.After the Second World War, through the introduction of advanced technology and a large number of inputs in basic research, Japan has built a strong capability of independent innovation. The science and technology development plan which used to grasp the direction of science and technology input and systematic tax policies effectively guide and promote Japanese companies’ investment in science and technology, which helps a lot to create Japanese Miracle. Thus, in a few decades, Japan changes "the poor one" in the field of world science and technology to "the top one". Japan’s experience on guiding and promoting science and technology investment has a strong reference for China to enhance our technological strength and realize "Created in China".Based on Japan’s experience and combined with our country’s actual situation, China should optimize the technology investment mechanism firstly, and then build the guiding and promoting mechanism of fiscal science and technology input under the principles of effectively guiding and optimizing the allocation of resources of science and technology. In particular path selection, on one hand, China should optimize the stable growth mechanism of financial funds input and the investment structure in order to effectively build the guiding and promoting mechanism of financial fund; on the other hand, China should establish indirect preferential tax policy system and optimize technology procurement policy in order to effectively build the guiding and promoting mechanism of fiscal policy. In addition, China should give full effect of the strength of local finance and build the corresponding auxiliary mechanism which include technological innovation system and the legal and regulatory mechanisms.