China's Private Capital To Participate In The Study Of Urban Infrastructure Construction

The urbanization process is accelerated constantly. Strengthening the city's infrastructure construction has already become the question that we must notice. It has been paid attention that the folk capital participates in the city's infrastructure construction. That to widen the channel of the folk capital participating in the public undertaking is necessary. The aim of this article is to discuss how to optimize the investment environment of the folk capital in order to make it become the public construction's propeller. The article has discussed about the necessity and possibility of the folk capital participating in the city's infrastructure construction; by the quantity analysis and qualitative analysis, ect, the article has summarized the way and mode of the folk capital participating in the public undertaking.Since the new country has been founded, our government is the main investor of the city's infrastructure construction. That has promoted the development of our public undertaking. But some question is coming: First, the single investment mode can not need the demand of our urbanization process; second, that is apt to cause the low efficiency of using money and corruption.According to the foreign country's experience of the city's infrastructure construction, the key to constructing and running the public undertaking is to realize investment subject pluralism and the diversification of the capital. Since the end of 70's, more and more advance country has realized the limitation of the single investment system. They begin to strengthen the completion mechanism of the market in order to improve the efficiency of constructing and running .Facing the defects of the single investment system, our country should reform the investment system in this field and attract the folk capital.Since 21 century, it has made great progress that the folk capital participating in the city's infrastructure construction in our country. But we must notice that there's still some obstacle that baffle with the folk capital's entry. It is influenced by threefactors: taxation burden unfairness, financing channel block, relevant legal system imperfect. These obstacles are not only baffle with the folk capital's entry, but also attack there confident and activity.Summarizing the fact of the folk capital participating in the city's infrastructure construction in our country, we should set about from the follow aspect: 1.change the government function in the public undertaking field; 2. set up the unobstructed financing channel; 3.reform the taxation and fee policy to lighten the folk capital's taxation burden; 4.perfect the relevant legal system.The mode of attract the folk capital to participate in the city's infrastructure construction is including: BOT, TOT, PPP, etc. The innovation of the article is how to utilize the foreign country's experience of the folk capital participating in the city's infrastructure construction and attract the folk capital by flexible financing mode.