A Study On The Perfection Of Local Government 's Investment Function

With the deepening of China’s reform and opening-up policy to promote around to attract investment andeconomic development in an important position to work, investment has gradually become one of theimportant work of local governments to promote economic and social development. Work in promotinginvestment and administrative functions oriented positioning mode has dominated local governments at alllevels through strong investment measures, preferential investment policies and strict investment incentives, interms of personnel, energy, and funds respect to tilt and focus arrangements can actively support theintroduction of a number of local economic development of large projects, good projects to gradually put intooperation projects to promote the county continues to rise and the economic indicators continue to improvelocal fiscal revenue. However, investment from the essence is said to be the economic behavior of the marketeconomy environment, should follow the objective laws of the market. The functions of the executive-ledorientation, but it makes a planned economy, administrative measures, such as repeatedly appear in theinvestment process, of course, played a certain role, but it is inappropriate to perform government functions,such as not to reflect deeply and effectively change the functions certainly interfere with the development ofmarket economy, disruption of normal economic order and behavior. In practice, the differences over theinvestment policy and methods, as well as various preferential policies in land, taxes, etc., resulting in thework of the many drawbacks, the country competing, competition for the project, the project’s long-termbenefit analysis enough, resulting in an increase in investment costs, disguised corporate loss and loss of statetax revenue, resulting in a serious drawbacks.This paper studies the theory of domestic and foreign investment and local government investmentfunctions of discourse, evolved from the local government investment concept definition, development processand functions were discussed, introduced since the Third Plenum of the local government investment infancy,the main features of the primary stage and advanced stage of evolution and functions embodied. And focus onthe actual Wenshang investment work, analyzed the current situation of investment Wenshang County,functions and achievements of play, summed up the dominant position in the local government investment inreality. On the basis of in-depth analysis, focusing on two aspects of economic and political analysis of the"executive-led" investment drawbacks, and from the degree of government misconduct, misconduct policyimplementation, control and other aspects of regional competition analysis of this mode appears cause of theproblem.Combining the above theoretical analysis and their own practice, and around the implementation of the party’s18Third Plenary Session of the spirit and eighteenth proposed local transformation of governmentfunctions, correct positioning, promoting investment work, and promote the development of proposals acrossthe county economy: First, from the starting point of preparation industry development plan, the park featuresa full range of perfect positioning, multi-angle planning investment behavior for scientific planning and layout;second is from the "hard environment" and "soft environment" two aspects to build a quality environment;three is to accelerate the transformation of government functions from the development of rationalcomprehensive evaluation system, fully and properly perform its functions and optimize other aspects ofgovernment organizations.