Resource-exhausted Cities Investment Environment

The development of resource depletion cities is a worldwide problem. It always rises as it mines resources and stagnates because of the reduction or depletion of resources. Due to shortage of overall planning, resource depletion cities of our nation are faced with very severe problems. It mainly shows as followings: The industrial structure is unitary, The marketability level is low, Resources are faced with depletion, The ecological environment destruction is serious, Infrastructure construction lags, The system is fettered , Social stability is faced with threats , The fund deficiency is especially serious. To solve these problems and realize sustainable development, it is a necessity to solve the problem of fund shortage . Under the circumstance of interior shortage and limitation of national input , external funds will be the main source of economic development. Enter of external funds not only brings capital, but also takes with advanced technology, equipment, management and the concept. Because of the backward investment environment, the cities are faced with many problems in attracting investment. It is significant for the cities'sustainable development to improve the investment environment and appeal investment at home and abroad.In order to respond effectively to the international financial crisis, promote the sustainable development of resource-based cities and coordinate regional economic development, in March of 2009, the state council defines the second group 32 resource depletion cities. Huaying City of Sichuan Province, which is among them, ushers in a rare and great historical opportunities. It sets up a new platform to further expand the investment. The paper can gives some reference proposals through exploring the present situation and the existing problems of investment of Huaying City.This text takes Investment Theories and Resource cities Theories as the foundation , takes the resource depletion cities as a study object and conducts a systematic researches of investment environment. In conclusion of previous researches, the paper sets up the investment environment evaluation system. With the method of principal component analysis, the paper conducts a quantitative analysis to the selective 19 cities and identifies the main factors that impact the resource depletion cities in investment environment. Finally, the paper selects Huaying City to analyze its investment environment empirically and gives some proposals in terms of its problems.The main conclusions of this paper are drawn as followings: The main factors that impact the resource depletion cities in investment environment are level of market development as well as technology and education ,investment attraction, economic strength as well as transportations and government climate. The main questions of Huaying's investment environment are: The development of economy level of is low; Infrastructure construction lags; The social and cultural enterprise is backward ; The natural environment competitiveness is imbalanced. Therefore, Huaying City should optimize the market economic environment ; focus on strengthening public service to transform government functions; focus on road transport to strengthen infrastructure construction and accelerate the development of science and education undertakings, etc.Innovations of this paper are mainly as followings: Based on the investment environment theories, the text connects the investment environment of resource depletion cities with their economic and social development situations and explores first-hand information. Hence, the topic and materials reflect innovation to some degree. Meanwhile, the paper establishes the investment environment evaluation system. The factors that derive from the empirical study stand for some point of view. Taking the actual investment situations of Huaying City into consideration, the paper proposes countermeasures to improve its investment environment, which provides references to other cities.