Efficiency Study On Public Investment In The Construction Of New Urbanization

China’s regional public capital is in short supply due to the impact of history andrealistic reasons for a long time.At the end of the twentieth Century, the rapidexpansion of the scale of fiscal expenditure in China has been gradually increasing onthe basis for the public facilities such as public investment scale, and it is related tothe livelihood of the people attention to public investment project. But in recent yearsin the supply and demand of public goods, the local government investment andfinancing platform risk accumulated a series of contradiction and the problem of lowefficiency of public investment has become very important factors affecting theprocess of China’s urbanization.Role of public investment in economic growth play, depends largely on the scaleof public investment, structural adjustment, but also affected the efficiency of publicinvestment and the introduction of private capital.Combined with the present situationof our country, the efficiency of local governments at all levels of public investmentin China in the structure of output, the improvement effect is not ideal, the objectivebasis for the comprehensive evaluation of local government has become increasinglyurgent.