Research On The Withdrawal Of Government Industrial Guidance Fund

Government industrial guidance fund is set to implement the national industrial policy,and to support the development of the national key industries which is acted as special equity investment fund according to the market rules.Government industrial guidance fund changes the allocation of the financial funds,which attracts the social capital to focus on the field of industrial investment,so as to ensure the guidance of government industrial guidance fund,in which way to make the market to play the decisive role in the allocation of resources.The vigorous development of the government industrial guidance fund is an important policy measure to promote the steady growth of the economy through the leverage effect and the guiding effect.According to the domestic and international industrial guidance fund operation experience,the government industrial guidance fund’s investment cycle is generally between five and seven years,both premature and too late will affect the government industrial guidance fund’s effect.Based on the theoretical analysis of the withdrawal of government industrial guidance fund,this paper analyzes the withdrawal process and system of the government industrial guidance fund by using the inductive analysis method and the comparative analysis method and the case analysis method.By analyzing the current withdrawal system of government industry guidance fund,there are some shortcomings such as short of the overall planning,the problem of capital structure,the lack of government professionals and the capital market.Finally,based on the analysis of the existing problems in the withdrawal of government industrial guidance fund,this paper tries to put forward the countermeasures and suggestions to provide theoretical and practical reference value for the future withdrawal of government industry guidance fund.This paper is divided into five parts,the first part is the introduction,which mainly introduces the research background and research significance of this paper;The second part is the theoretical analysis of the withdrawal of government industrial guidance fund;The third part is the withdrawal status of the government industrial guidance fund,which introduces the establishment of the development stage of the government industrial guidance fund;The third part introduces how the government industry guidance fund to withdraw,this paper expounds three key links of the withdrawal mode,the path of withdrawal of the government industrial guidance fund,and introduces the withdrawal case analysis;The fourth part analyzes the problems of the withdrawal of government industrial guidance fund,the problems include the imperfect system,the lack of overall planning of the fund,the unreasonable capital structure,the shortage of government professionals and the lack of market base;The fifth is based on the problems of the withdrawal of the government industrial guidance fund,The main countermeasures include to improve the withdrawal system of the government industrial guidance fund,improve the overall planning of the fund,enhance the risk control mechanism,strictly control the capital structure,cultivate the government professionals,improve the multilevel capital market system and strengthen the coordination between functional departments during the withdrawal process.