Research On The Financial Subsidy Performance And Optimization Strategy Of China’s New Energy Automobile Industry

With the continuous economic growth and the increasing disposable income of residents,China’s automobile production and sales maintain the momentum of growth.But the rapid growth of automobile production and marketing also brings serious energy consumption and environmental pollution problems.The development of new energy automobile industry is not only a powerful measure to alleviate the energy shortage and protect the ecological environment,but also an inevitable choice to promote the level of independent innovation and the transformation and upgrading of automobile industry in China.In the process of technology research and development and industrialization,the Chinese government continues to invest a lot of financial subsidies to support due to the lack of funds and positive externalities.Therefore,the performance evaluation of the new energy vehicle industry financial subsidy can make the government and the public understand the efficiency and redundancy of the subsidy,facilitate the relevant departments to optimize and improve the financial subsidy policy in time,so as to standardize the government and enterprise behavior,and improve the performance of the financial subsidy.This article includes the following six chapters.The first chapter is an introduction,which specifies the background and significance of the research,a review of relevant domestic and foreign literature,research content and methods,innovations and deficiencies.The second chapter briefly explains the core concepts,and specifically elaborates the theoretical research basis of this article,mainly including externality theory,information asymmetry theory,subsidy related theory,incomplete contract theory and public choice theory.The third chapter presents the status quo of the performance of the financial subsidy policy of the new energy automobile industry in China.First,it briefly reviews the performance of the financial subsidy at different stages,then explains the current status of the financial subsidy policy,and finally focuses on the specific analysis of the performance of the financial subsidy.The fourth chapter is the empirical analysis of the performance of financial subsidies for the new energy vehicle industry.Firstly,the DEA method and the specific model to be used are described.Then,the indicators are divided into input and output indicators based on existing research.The input indicators can be divided into three indicators: production subsidies,research and development subsidies,and other subsidies.Output indicators can be divided into business performance indicators and R & D indicators.Then the sample selection and data sources are explained.Finally,the DEA method is used to conduct an empirical analysis of the subsidy performance.The resulting efficiency and redundancy may be used as the basis for future adjustments.The fifth chapter analyzes the factors that affect the performance of the financial subsidy policy of the new energy automobile industry.Specifically,it includes the financial subsidy supervision and management system,the financial subsidy performance evaluation mechanism,the financial subsidy structure,and the legal system.Chapter VI is the conclusion and policy recommendations,briefly elaborates the research conclusions of this article,and in accordance with empirical analysis results and factors that influence the performance puts forward five countermeasures,which are perfecting supervision and management system for financial subsidies,establishing a sound subsidy policy performance evaluation mechanism,strictly controlling research and development subsidies,increasing support for charging infrastructure and strengthening the corresponding legal system.