Study On Comparison Of Investing And Financing System Between Shenzhen Port And Other Domestic Ports

Since the founding of the People's Republic of China, the ports construction have been developed quickly, especially during the more than two decades of reform and opening, which have been playing a very important role in the development of domestic economy. However, with the developing of globalization of world economy and integration of regional economy, the construction of domestic ports do not keep up with the pace of the growing domestic economy yet, and one of the most important problems related with the construction of ports is the supply of capital. The domestic port management system has been reformed several times since the founding of the PRC. , but generally speaking, it's a long time that government is the main investor on port construction, the capital source is rather simple. Therefore, the growth of domestic port construction was hindered in a certain extent. At present, it's a high time for investing port construction, and that how to increase capital sources and attract much more money for port construction is an important problem worth for consideration.Shenzhen Port has made a significant achievement since it's founding, during its developing history, not ever one cent money has been invested by the government, all the money was raised by itself. By comparing the investing and financing system between Shenzhen Port and other Chinese ports, the thesis analyzes the successful experiences of investing and financing in Shenzhen Port, and tries to find a solution to the supply of capital for port construction. The thesis mainly consists of three parts as following:The first part mainly introduce and analyze of the situation of the domestic port construction from the founding of PRC, including Shenzhen Port; meanwhile some theory concerned is introduced, too;The second part mainly introduce the foreign port investing and financing system, and analyzing their experiences of capital supply;The third part is the most important one in the thesis. With the aspects of investing and financing system, policy and investing and financing pattern, comparison is carried on between Shenzhen Port and other Chinese ports, analyzing the successful experiences of investing and financing in Shenzhen Port; and with the experiences of investing and financing of foreign port, strategy suggestion for establishing a highly effective port investing and financing system is provided.Comparing with other Chinese ports, the reasons why Shenzhen Port can attract a great deal of money for port construction without capital support from government, one hand is that it benefited from the policies for Special EconomicZone since shenzhen is one of the Special Economic Zones in China, and the reform the port management system; on the other hand, is that it benefited from two successful financing ways which are attracting foreign capital(especially Hongkong capital) and going on stock market.Port investing and financing system concerns many problems, the thesis provides the strategy suggestions for establishing highly effective port investing and financing system in terms of four aspects: the first one is to gradually establish a system focusing on market mechanism, while government policy as accessory support; the second one is to push actively reform of port management system; the third one is to guarantee the interest of investors, and strengthen the operating supervision; the fourth one is to form a multi-investor pattern.