Research On Management Of Industrial Investment Guidance Fund In Hefei City

At present,the uncertainties in China's economic development are increasing,the pressure on international and domestic competition is increasing,and the economic downturn is more severe.Under such an economic environment,industrial investment guiding fund has attracted much attention because it can effectively promote the transformation and upgrading of regional industrial structure and improve the use efficiency of social capital.In recent years,local governments at all levels in China have introduced a series of industrial investment guidance fund development plans based on local conditions.With the support of active policies,the guiding funds have been "overwhelming everywhere".The appropriate economic environment provides a good external condition for the industrial investment guiding fund to innovate the way of financial fund distribution and bring the leverage of financial fund into play.Government since it was founded in 2014,Hefei,industrial investment fund management co.,LTD.,since,after more than four years of development,the industry investment fund has realized the important developmental stages,capital scale has been expanded gradually developed to nearly 2.7 billion yuan,the overall sound development momentum,basically achieved on the city's transformation and upgrading of industrial structure and economic development with high quality.While affirming the achievements of the Hefei Industrial Investment Guidance Fund,we must also recognize the problems that exist in its development,especially the management issues.As the key and difficult point in the development of industrial investment guidance funds,management issues have always been a key issue that constrains the expansion of industrial investment guidance funds and the effectiveness of guidance.By analyzing the development status of Hefei Industrial Investment Guidance Fund,the paper summarizes the problems of redundant management and low efficiency,mainly in six aspects.First,the guiding fund is unclear and the guiding role is difficult to play.Second,there are differences in the goals of government and enterprises,and the interests of claims are difficult to be consistent.Third,the management system is not perfect and the performance appraisal system is imperfect.Fourth,the government has too much intervention and the marketization is not sufficient.Fifth,investment management faces structural contradictions and it is expected that development goals will be difficult to achieve.Sixth,policy support lacks systematization and supporting measures are not perfect.Relatively speaking,domestic leading government guidance funds such as Hubei Changjiang Economic Belt Industrial Fund,Beijing SME Venture Capital Guidance Fund and Shenzhen Municipal Government Guiding Fund are more developed and management experience is more mature.They have attracted social capital through the unique fund structure design,highly market-oriented fund management model,diversified fund operation mode,and high investor income incentives,which have effectively leveraged the financial funds.This has greatly promoted the development of the local economy.These successful experiences are undoubtedly worthy of reference and learning from the Hefei City Industrial Investment Guidance Fund.Based on the above,this paper proposes the following countermeasures and suggestions for improving the management level of industrial investment guidance funds in Hefei:First,we must proceed from the top-level design to fully clarify the development orientation of the guiding fund;secondly,establish a reasonable performance appraisal system and property rights incentive mechanism,and coordinate The interest relationship between the government and enterprises in the fund management process;in addition,the government should optimize the supervision mode to supervise the management and reduce the efficiency loss caused by improper government intervention;finally,proceed from the system construction to improve the utilization rate of the fund and improve the industry.The fund's operational transparency is the goal,and comprehensive supporting measures are established to form a sound system management system to ensure the healthy development of Hefei's industrial investment guidance fund.