Research On The Issues Of Investment And Financing Of Rural Infrastructure In Henan Province

In the process of China’s economic development and reform, Issues concerning agriculture, countryside and farmers have been raised to unprecedented levels; to solve the issue has become a major historic task of the socialist countryside construction and modernization. The rural infrastructure has a very important influence on improving of rural economic development, farmers’ living standards and agricultural production capacity. In recent years, even though China has increased investment in rural infrastructure construction, production and living conditions in rural areas has been significantly improved, still cannot meet the financial needs of the construction of rural development, lack of investment and financing in rural infrastructure has become a constraint to the development of China’s rural economic, so strengthen investment and financing has become an important breakthrough in the development of rural infrastructure. Henan Province is a major agricultural province, because the relatively weak financial resources and the single investment and financing channels make the rural infrastructure lag, which seriously affect the healthy development of agriculture and rural areas. Therefore, broaden the investment and financing channels and accelerate the pace of infrastructure construction in rural areas have become the key to build the new countryside in Henan Province.Based on the research literature,using the econometric model and case analysis, From the analysis on the rural infrastructure Investment and Financing in Henan Province, benefits from infrastructure investment for rural areas, rural infrastructure financing models, we can draw the following conclusions :(1) lack of investment in rural infrastructure in Henan Province;(2)output elasticity of the rural economy as 0.5584 from rural infrastructure in Henan Province, moreover, different types of rural infrastructure has different contribution to the growth of rural economy, we should have the choice of level of investment direction in limited financial resources;(3) What’s More common is the urban infrastructure financing models, however, the model to rural infrastructure financing is rare, it’s still the financial capital in the traditional sense to support rural infrastructure, the government is actively exploring appropriate financing model. Based on this, more in-depth analysis of the causes to the rural infrastructure investment and financing issues and make relevant suggestions, we can provide a theoretical basis and reference to the rural infrastructure investment and financing in Henan Province.