On Optimizing Ningxia's Investment And Financing Environment

Through analysis of historical vicissitudes and present status of the investment and financing environment in Ningxia, the author finds out that there exists a wide gap in investment and financing environment between Ningxia and other provinces and regions, in particular with the provinces in the east coastline areas. Based on which the author makes analysis of the reason for causing such a phenomenon. The author also finds out that Ningxia indeed has made a rapid progress in this respect in recent years. Some favourable policies the State made to the west region, China's entry into WTO as well as the West Development Strategy, etc. are all good for optimizing Ningxia's investment and financing environment. Based on the analysis of the above factors, the author then puts forward a few ideas on how to optimize Ningxia's investment and financing environment as well as its improvement targets. In the end, the author focuses on six major strategies that might be good for the optimization of Ningxia's investment and financing environment.Chapter I Brief IntroductionTo compare with other provinces of the country, especially with those coastline provinces in the east, there does exist some gap between Ningxia and other provinces and regions on investment and financing environment. The reason for causing such a wide gap is, apart from historical and geographical reasons, largely due to the poor investment and financing environment Ningxia owns. Following that, the author comes up with the recent research trend in the related fields, including some useful experiences for our development. Lastly, the author advances his own research targets and research methods.Chapter II Vicissitudes of Ningxia's Investment and Financing Environment and Its Development TrendIn this Chapter, the author, at first, forecasts the future development tendency of Ningxia's investment and financing environment based on the analysis of the changes been made ever since the practice of the State's open door policy. Then, the author draws a conclusion of four favourable factors that are good for the optimization of Ningxia's investment and financing environment.Chanter TIT Exploration on Optimizing Ningxia's Investment and FinancingEnvironmentIn this Chapter, the author advances some guiding principles, targets and then some basic tasks for the optimization of Ningxia's investment and financing environment. The author then expounds the following five kinds of relationships need to be dealt with during the course of optimizing the investment and financing environment.Chapter IV Build Up a New Regional Financing System and Promote the Growth and Prosperity of the Financing MarketBased on the analysis to the achievement made as result of financial system reform as well as to the problems existed, the author advances a strategic thinking on how to build up a new regional financial system and how to promote the development and prosperity of Ningxia's financial market. In doing so, the author concretizes such thinking into eight policy suggestions.Chapter V Establish a Public Financing System and Let It Play a Key Role in the Relocation of Social ResourcesFirst, the author points out that there exist some limited factors for government investment under market system. Secondly, the author, via illustration of tables, points out that different financing methods should be applied in different investment types. Thirdly, the author, in the light of analysis made on investment and financing conditions, sums up some existing problems in present government investment and financing system. Lastly, the author puts forward a strategic thought on the establishment of public financing system as well as the core role it played in relocation of social resources. Then, concretize them into six major suggestions.Chapter IV Strive to Eliminate Some Impeding Factors and Open Up Individual Investment ChannelsIn this Chapter, the author, first of all, analyzes some impeding factors in individual investment through summarizing the characteristics of individual investment development; and then, advances a strategic thought on how to eliminate the existed impeding factors and open individual investment channels thereafter. Finally, the author concretizes them into nine major suggestions.Chapter VII Actively Participate in the New Round of International Economyand Strive to Widen Foreign Investment ChannelsThe author, first of all, makes an analysis of the existed problems in using foreign capitals on the basis of summarizing characteristics of foreign capital utilization in Ningxia. Through forecasting of the situation in using foreign capitals, the author, then, points out that in using foreign capitals, Ningxia has its own advantages and challenges. Finally, the author offers ten pieces of ideas purposing to widen the local financing channels.Chapter VIII Deepen the Reform of Enterprises and Construct Main Body of InvestmentBy analyzing and summarizing the achievement Ningxia has made in the area of financing as well as the problems existed, the author thinks, the factors impeding the local financing development is that enterprise fails to be main body of investment. To the author, there is a great need for Ningxia to deepen the state-owned enterprises. Also, according to the author, the deepening of enterprises reform and the construction of market investment body should be put in priority places. Then, the author offers five policy suggestions in this regard.Chapter IX Lay Stress on Credit Construction and Try to Create the Image of "Credit Ningxia"Starting from analysis of the present status of Ningxia's credit, the author points out that the low degree of credit in Ningxia is the result of low cost in failing to be credit. In this regard, the author thinks that the heightening of credit cost is an effective way in improving credit environment under market economy system. Finally, the author offers a strategic thinking on how to portray Ningxia's credit image, which includes three specific policy suggestions.