Non-State Capital Investment On Infrastructure Of Agriculture

Agricultural infrastructure is the establishment and framework which supplies the common condition and service for agricultural sustainable development and can also satisfy the farmer's request for the direct production activity. Agricultural infrastructure pays significant contribution to enhance the agricultural productivity and increasing of agriculture, it plays a pivotal role in developing the agricultural economy. For a long time, fund deficiency restricts the construction of agricultural infrastructure and agricultural development. Under the conditions of insufficient investment of national finance and collective economy, attracting non-state capital investment in agricultural infrastructure construction to solve the problem will become an effective way.This paper begins with theoretical basis of non-state capital investment in agricultural infrastructure construction, then defines private capital investment, the concept and features of agricultural infrastructure, analyses the supply of public goods theory and proposes the targets of agricultural infrastructure supplying, and moreover, it introduces the cost-benefit analysis method which supplies the project evaluation methods for non-state capital investment in agricultural infrastructure.Based on the analyses of the law of the historical evolution of China's agricultural infrastructure investment system, and the existing problems of current system of agricultural infrastructure investment, including the construction and investment of agricultural infrastructure problems, it puts forward the targets to the reform and innovation of agricultural infrastructure investment system to show the feasibility and necessity of non-state capital investment in agricultural infrastructure.Agricultural infrastructure is a broad field, not all the agricultural infrastructure facilities are suitable for non-state capital investment. Therefore, the thesis introduces the project classification theory to provide the principles and standards for non-state capital investment in agricultural infrastructure, and presents the problems in distinguishing the government capital investment from non-state capital investment. Based on the characteristics of various investments and its scope of application, the thesis introduces the ways of non-state capital entering a specific area of agricultural infrastructure and the problems need to be paid attention to.Finally, on the basis of the relevant theories and practical experiences at home and abroad, facing the numerous obstacles in the non-state capital invested into the agricultural infrastructure at present, the thesis proposes the measures and suggestions on improving non-state capital investment in agricultural infrastructure in China.