The Study On Infrastructure Investment In Rural China

In the Eleventh Five-Year Plan, the CPC Central Committee clearly calls for building a new socialist countryside, and takes it as a major historic task in China's modernization. The Plan indicates that, we must promote the overall planning for urban and rural development actively, advance modern agriculture, deepen rural reform comprehensively, develop rural public utilities vigorously, and do everything possible to increase the income of peasants. It shows that increasing the income of peasants is the most striking problem of the rural economy, so increasing the income of peasants and expanding rural demand are important tasks of agriculture and the countryside management. To solve this problem, increasing the input of rural public goods, especially the investment of rural infrastructure, is a particularly effective way. It will promote the increment of the peasant incomes if we accelerate infrastructure construction in rural areas, thus it will promote and accelerate the development of rural economy. Investment in rural infrastructure construction is the basis for farmers to raise their income level. Therefore, research on investment in infrastructure in rural areas, and proposing a policy recommendation is one of the effective means to solve the three problems about countryside, agriculture and farmers.In recent years, we have given more to, taken less from and liberalized the countryside, and have constituted the "two relieves, three subsidies" policy to benefit farmers, which has ceased the agricultural tax, eased the burden on farmers and increased their income. However, due to the low starting point of the rural infrastructure against the background of "dual economy" pattern and the different fiscal policy between urban and rural area in a long time, the gap of public goods and services between urban and rural areas is still deep, and the shortage of public goods in rural areas is becoming distinct. The experiences in many years and the fundamental realities of the country indicate that farmers can not solely rely on themselves, and that facing with vast rural regions, less developed areas and the tendency of the development, the government's funds can not afford to invest infrastructure facilities in rural areas. For this reason, it will not only become an important breakthrough for stimulating the rural demand, but also play a tremendous role in the growth of the rural economy by learning from foreign experiences and the lessons of urban infrastructure investment and financing model, and by intensifying the building of rural infrastructure investments and...