Study On Issues Of Forestry Investment & Financing In China

With facing the ecological dilemma our country forestry comes to a new phase. This essay discussed this study background of forestry financing, points out the purpose and significance of the research. This study's method is based on Marxism philosophy, and include qualitative analysis combining with quantitative method. Under a clear objective foundation, summarizes the research literature at home and abroad. Although there are a lot of research about the forestry investment and financing, but that should be needed to discuss further such as forestry investment efficiency, how to introduce the market mechanism, how to widen forestry investment and financing channels and so on. This study is based on many theories foundation such as capital theory, finance theory, forestry economics theory.This present situation on China forestry investment and financing, investment efficiency analysis, the reasons for the problems about the forestry investment and financing and forestry investment-financing strategy put forward to be discussed. (1) Total investment efficiency rapidly decline, by-13.2% average year from the area of afforestataion.In the investment under the condition of a constant output requires a corresponding increase, in order to achieve the effectiveness of DEA.(2)There is a low correlation between forestry investment of fixed assets and area of afforest.(3) Rent-seeking makes forestry investment at low efficiency, the state forestry career is facing a severe test. Intermediary services can be run on basis of fair, open, impartial. To accelerate the establishment of forestry capital market, and expand forestry investment and financing channels.The innovation of this study is mainly reflected in the following aspects.(1) Total investment efficiency rapidly decline, by-13.2% average year from the area of afforestataion.(2) Our country forestry efficiency were discussed on two aspects:the CCR model and BCC model. (3) The reform and improvement of China's forestry investment and financing measures include:to reduce or eliminate corruption, rent-seeking; to establish market mechanism of forestry investment and financina.