| Grassroots governance modernization is an important cornerstone of national governance systems modernization and a key. How in the national governance systems perspective, exploring the ability to promote the modernization of grassroots governance is a topic of the times. Grassroots governance is inseparable from the grass-roots political power, especially as state power "nerve endings" of township government plays a very important role in grassroots governance. In the dual role of the market and urbanization through the project to govern has become the most important means of governance beyond administrative control. Based on this understanding, this study selected Z Town of Hunan Province as a case, based on the observation of the depth of participation in investment projects as the entry point, from the plight of township government in the operation of the project faced in the operation of the project for the township government course of the presentation of the unique behavior and logic for a more detailed exposition and analysis that the main variables that affect the behavior of the township government is the institutional environment, the legitimacy of resources, information asymmetry and policy instruments. The study concluded that the operation of township government in the process of investment projects, such as the performance of the "bottom line thinking","sport-style governance","conspiracy" and other unique behavioral logic is Bureaucracy and township government in which the special level inseparable upward facing a huge bureaucratic machine, face down complex local community, but also face the vagaries of external markets, with three interactive process, in order to maintain their existence and development of the township government is bound to have some sort of Health issued its own characteristics,"practical wisdom." This study does not in any default values, choosing instead to point to the adoption of a recent " dissect a sparrow-analyzing a typical case " to make a presentation of the real eco-towns governance, by the realization that the grass-roots "good governance" to provide their own material objective and thinking. |