Study On The Investment/Financing And Fund Management Of The Key Forestry Programs In China

The fund is the engine of economic development. It is the first impetus of the economy growth of a nation or department. The fund has been the rarest resource all the time in developing countries. Our country is a developing country whose economy grows at high speed. The development of all trades and professions need a large amount of fund. Because the forestry develops some characteristics such as long cycle, it was in inferior position in absorbing the fund. So the shortage of forestry fund and poor efficiency of use is one of the limited bottlenecks of forestry's sustainable development of our country, in the construction of The Six key Forestry Programs (SKFP), the supply and demand contradiction of the fund is more obvious. We can say, collecting and management of the fund is one of the keys to the success of SKFP. This text hopes that through the systemic research of the investment, financing and management of the major project construction in forestry, it can propose a whole set of countermeasures and suggestions in the capital collection and high-efficiently management of the project construction. And it also can offer reference when governments and relevant administrative departments formulate the policy.This text regards analyzing the policy of the investment and financing of major forestry project all around the world as the breakthrough point, then summarize foreign major project construction in major project in forestry. Then obtaining four generality characteristics of such as : taking governmental investment as the core, implement more favourable forestry's tax policy, government offering afforestation subsidy, and long-term low-interest loan. We got some enlightenment, such as: setting up public financial system, putting the forestry into in the public expenditure range, increase the input of forestry, stabilize the investment channel, implement the preferential policy of the expenses of taxation, improving forest ecology compensatory system and strengthen international forestry project cooperation, etc.Conscientiously analyze the main course of changes of mechanism of forestry's investment and financing and management and the characteristics of each stage of our country. After that, we make deep research and discussion on the relation between every stage of social economy development background and investment and financing policies in our country. And carry on detailed analysis to the current situation of the investment and financing management of the key forestry projects in our country. And then analyze the basic situation of it's fund supply and demand, especially point out the main reason for theshortage of fund supply. And calculated the fund demand of the key forestry projects of our country. Analyze the fund supply potentiality in three respects: finance input, social fund and utilizing the foreign capitals.This text carries on a analysis to present existing problem of investment and financing and management of the project in our country subsequently, We have probed into the main drawback existing in current investment and financing and management of major project in forestry of our country thoroughly from 8 aspects, such as: the singleness of financing channel;the imperfect management system of the fund;seriously limited of the property right of forestry's investors;heavy burden of forestry's tax fee;lack of the socialized service guarantee to the forestry operator;uneconomical scale of investment of forestry;the imperfect of forest ecology compensatory system and laws and regulations of investment and financing and management.The text proposes some countermeasures to the investment and financing of major project in forestry of our country. Namely this text classified design investment and financing policy of ecology-oriented forest and commercial forest of major project in forestry. About ecology-oriented forest construction, the text points out that it should obey the principle" the public finance input for main fact, if multi-channel financing complement ", ensure that main channel status and function of public finance in the ecological construction. The text also proposed countermeasures and suggestions that progressively setting up and improving the system of governmental investment and buying the non-state-owned public welfare forest, setting up and amplifying forest ecology compensatory system and improving fund management system of the forestry major ecological project, etc.About the construction of commercial forest, the text have pointed out that the pluralistic investment subject should be fostered, and non-governmental main body should be regard as the main investor of the commercial forest construction. Also it proposes the detailed countermeasure and suggestion, such as: reforming and improving forestry's property relations, reducing the expenses of taxation of the forestry, adjusting and optimizing forestry's institutional framework, setting up and improving social service system and setting up the subsidy system of commercial forest construction of major project in forestry, etc.This text innovatively proposes that implementing the assets management to forestry final achievement (forest resources) of major project construction in forestry. At the same time, this text puts forward that under our present social economy situation, implementingthe assets management to forestry resources should be at first aimed at commercial forest resource that formed in the major project construction in forestry, and then progressively take ecology-oriented forest resource into account, finally include all the forestry resource formed in SKFP into the assets management.In order to apply the substantial evidence research to test the rationality and feasibility of the investment and financing and that management policy design of the major project construction in forestry, this text choose the fast growth and fertility timber forest of Pucheng county of Nanping city of Fujian province as a typical case. That will offer reference in exploring the market-based financing way, absorbing folk capitals and corporation capital, constructing plural investment subject, expanding many kinds of investment channels, in the major project construction in forestry in the future.