A Study On The Economic Evaluation Of Government Project Expenditure In China

Government project expenditure is of characteristics including huge investment, high risk and great influence on the economic development of our society or the promotion of people's standard of living. That the achievement effect appraises an item of payout is that the target sets off from the demand of project executor to project and the project being concerned with. A main postulate that project executor benefit realizes is that the project regularity works; the project regularity works can't be separated from certain economy avails. Even if being the project providing public service, also must think that balance between income and expenditure waits for the economy problem under at present society condition. The project economic evaluation is a aspect that the project investor cares for most and, invests in that project only when that the project satisfies the economy avails, investor that the investor demands is able to think just now. Therefore, the economic evaluation has reflected the precondition there existed in a project, be also that a project realizes whose core value sign index.The government departments item of expenditure achievement effect economic evaluation studies, is organic ingredient and important content that the government departments job appraises, whose purpose is according to national economy, society develops strategy and industry, area develops the request planning and, calculate project cost and beneficial result, pass many project approach the ratio making valuation out, being that the project builds a scheme elects, the decision-making provides scientific basis for something to the rationality in economy building a project's. The economic evaluation is appraised according to that the content that the person appraises includes financial affairs, impact of national economy valuation and project over regional economies.The project appraises government now generally mark for financial affairs valuation and national economy. That financial affairs is appraised is under country finance and tax system currently in effect and the price system condition, the financial affairs angle from the project analyses, analyze the financial affairs profitability and liquidity measuring and calculating a project, purpose indices such as being a standard study charge, measuring and calculating income, development calculating a loan paying a fixed number of years back to, analyses the project financial affairs feasibility. That national economy is appraised is that the angle comes to analyze from country entirety, the project secretly scheming against contributes to judge the project rationality in economy nothing but to national economy, the beneficial result that a user gains judges by what be disbursed cost and society coming two key elements comparison. National economy estimates that calculate direct project beneficial result and direct cost, effect carries out qualitative analysis on the project outside at the same time and describes that. The government has like the project economic evaluation index: Cost is compared to, net present value, inside earning ratio and investment pay-off period wait for beneficial result.