Research On Performance Evaluation Of The Provincial Industrial Park Capacity-Increasing Special Funds In Jiangmen City

In September 2018,the Central Committee of the Communist Party of China(CPC)and the State Council issued The Instruction on the Comprehensive Implementation of Budget Performance Management,proposing to basically build an all-dimensional,whole-process and all-inclusive budget performance management system within three to five years.Evaluation is the core process of management.Overall implementation of budget performance management objectively requires the full implementation of financial performance evaluation.In order to solve the large development difference between the developed regions of Pearl River Delta and the east,north and west area of Guangdong,from 2005,the Guangdong Provincial Government introduced a number of policies and measures to promote industrial transfer from the Pearl River Delta Area to the east,north and west area of Guangdong.This plan is to encourage the instruciton of the provincial industrial transfer industrial parks in the east,north and west area of Guangdong Province.The development of the industrial parks promotes industrialization and the realization of the regional coordinated development.From2013 to 2017,the Guangdong Provincial Government allocated a special financial fund of14.2 billion RMB to support the industrial transfer industrial parks in the east,north and west area of Guangdong Province.The fund is collectively referred to as "Special Fund for Increasing the Capacity Of Guangdong Provincial Industrial Parks".How effective is the use,management and the supervision of the special fund? Does the investment of the special financial fund play a role in promoting the construction of the park? In what ways does it make the biggest difference? What problems are there in the investment of the construction of industrial parks? How to improve the performance by resolving key issues?This article chooses the Provincial Industrial Park Capacity-Increasing Special Funds in Jiangmen City in the year of 2014 and 2015 as the evaluation object.According to the fiscal expenditure performance evaluation theories and methods,based on the existing successful experience,the characteristics and the actual situation of special funds,the author make evaluation scheme,definite the evaluation subject,object and range,determine the index system,make evaluation process consisted of self-evaluation,written material review,and third-party review as to evaluate the performance of the Special Fund.There are some particular objects did not hand in self-evaluation materials on time or with the quality requirement.There are also some self-assessment scores of particular indexes are not objective,such as project schedule and quality,socioeconomic performance.The overall performance rating the third party gave for the special fund is A-.On the whole,JiangmenMunicipal Bureau of Industry and Information took effective measures in the management and the concrete implementation of the special funds.Every provincial industrial park has achieved remarkable results.To some extent,it brought about the development of the provincial industrial parks as well as some positive effects for improving the infrastructure and investment promotion.The financial department also took necessary supervision measures,the methods still need to be improved.At the same time,the evaluation found that institutional factor,geographical condition and management level have different effect on the performance of the special fund.Some industrial parks have problems such as imperfect infrastructure,low concentration of leading industries,serious shortage of development funds,narrow financing channels,insufficient land use indicators and blocked land acquisition,insufficient flexibility of capital use scope,the to-be-improved implementation environment for equity investment and the non-regular financial management.In view of the existing problems,this paper puts forward some suggestions,such as continuing the special fund support policy,introducing EPC and other diversified construction modes to solve the financial deficit,strengthening the leading industry construction,vigorously introducing professional talents,improving the operation and management level of the park,strengthening the supervision of fund performance,and optimizing the operation process of equity investment.