China's Infrastructure Investment And Financing Research

National finance is an important source of funds for the infrastructural construction of our country. Along with the rapid economic development comes the decisive status of infrastructural development, which both facilitates the government's macro-control over the social division of labor with finance, and relieves the social problems brought about by the adjustment of industrial structure, such as unemployment. Therefore, it appears to be extremely pressing to actively conduct exploration and research on the national investment and financing of infrastructure, to play an effective role on the government's financing function, to boost the development of the infrastructural construction of our country as well as to enhance the overall level of social economic development.On the basis of Finance and other relevant economic theories, the integrated use of a variety of analytical methods in China's infrastructure investment and financing systems were studied : the combing the results of previous studies are used to expound the theory of infrastructure investment and financing and of the government intervention in the infrastructure field, and to lay the theoretical foundation for the research on the subsequent chapters; secondly, econometric model is adopted to analyze the investment and financing scale, structure and benefit of the infrastructure of our country which lead to the problem of the confined scale of investment and financing on the infrastructure in our country, structural imbalance, inefficient benefit due to the systematic deficiency and so on. It is helpful to grasp the reasonable allocation of infrastructure finance, to determine the focus of fiscal investment and financing and to improve the efficiency of fiscal investment and financing.The ultimate goal of this paper is to propose suggestions to improve the fiscal investment mechanism on our national infrastructure in view of the existing problems in this area. First of all, the infrastructural investment scale should be determined and the efforts on infrastructural financing enhanced. Secondly, it is crucial to rationalize the allocation of infrastructural investment and optimize its structure. Finally, the systematic reform of financing should be accelerated so as to increase the infrastructure investment benefit. The union of these three suggestions is to help explore the countermeasures for improving the investment and financing on the infrastructural construction in our country, promote China's infrastructure investment and financing system reform, rationalize governmental and social investment and financing on infrastructure and facilitate the development of infrastructural industry.