Research On The Financing Of Forestry Enterprises

The forestry reform and construction in our country has obtained great achievement after the reform and open policy, especially during the period of the tenth five-year-plan, as the collective forest property relations reform launching, along with the introdution of ecological forestry, the government's attention to it, the forestry has gained an earth-shaking change. However, as our country economic structure adjusting and the system reforming deepening, the market supply-demand relation changing and the international competition aggravating after joining the WTO, the forestry enterprise's further development is facing a series of new challenges. The fund short has become a bottleneck in the development of forestry enterprises. So the paper discussed forestry enterprises'financing.In the paper,I think, it has great significance for solving the forestry enterprise financing problem and speeding up the forestry sustainable development to establish a set of stable financing support system and feasible mechanism.The article, guiding by the theories in home and abroad, disscussed the problem how to solve the Forestry Enterprise financing and widen the financing channel in our country.The first part gave an introduciton of the research background, its significance and research methods; The second part introduced its current situation and synthesized its correlated theories; The third part summarized the problems existing in Forestry Enterprise financing, such as the bad financing environment, the high-cost credit, the shortcomings in the financing mortageges and Guarantee policies, the imperfect laws and investment mechanism, the tax burden, and so on; elaborated its internal and external reasons, such as its unreasonable capital structure, the irrational distribution of resources, less developed market economy, the ineffetive macro-control and so on; The fourth part elaborated the significance of good forestry policy in the Forestry Enterprises financing development in Philippine and Japan which will be a great inspiration to our forestry financing development; The fifth part proposed the ways to deal with the situation—establishing the multi-dimensional supported financing system, This system supports by six sub-systems, namely:Establishing the good policy support system, the construction of advantageous to the forestry enterprise financing industrial system, the unimpeded forestry enterprise's negotiable securities financing channel, the establishment of good bank loan system, the construction of good enterprise financing credit system and Carring on the financial innovation (the Mortgage -backed Securitions of Forest Right Card) to promote the financing of the forestry enterprises; The part six was a conclusion。Finally, the research limitation and further direction was provided.