Study On The Power Of Decision-making Of Government Investment

Government investment is the investing activities in the fixed assets making use of government fund, which generally gives expression of government investment projects. In recent years, along with the rapid development of national economy in China, the invest scale in the fixed assets is unprecedentedly great and government investment, as the means of the expansion of domestic demand and boosting the economic development, play an important role in development of economy and society. Especially since 2008, the central government have lanched the investment plan of four trillion RMB, which maximizes the potentials of government investment. But at the same time, this phenomenon have raised social concerns about scientificity of decision-making and investment efficiency.Scientificity of government investment decision-making is guaranteed from regulations of government investment decision-making. But nowadays government investment fields are not governed by legal rules and such basic problems as the power, the procedures and the liabilities of decision-making lack of regulation, which usually make decision failure. Legislation in government investment decision-making is difficultly progressed. One of the main reasons is that the regularity of decision-making has not been revealed and consensus has hardly reached in system construction.Government investment decision-making activities are complex questions that cover economics, administration science and law. From the angle of administrative law, the appropriate breakthrough point of research is the power of government investment decision-making. According to the logic mainline of distribution, operation and supervision of power, this dissertation mainly focuses on the following issues including the scope definition of government investment, the modes of power allocation in government investment decision-making , the operation mechanism of government investment decision-making,the supervision mechanism for government investment decision-making and legislative suggestions on government investment decision-making. In the process of research, fundamental theory and methodology of administrative law and other relevant disciplines are applied. These principals about administrative law include authority governed by law, due process and the unity of right and liability. The main purpose of research is to build sound legal system of government investment decision-making so as to push forward scientization and democratization of decision-making.In one word, the research on the power of government investment decision-making is a complex and systematic issue. Relevant system construction should take into account realistic environment and trend of development in current China. It needs deep research in fields such as science of laws, economics and management. Relevant legislature work should be pushed forward so that the power of government investment decision-making can be allocated, implemented and supervised in a more systematic and standardized way. By doing this, government investment can play a more important role in all-round, harmonious and sustainable development of economy and society.