The Research On The Current Situation And Countermeasures Of Government's Industrial Guidance Fund Of Inner Mongolia

The "Opinions of the Central Committee of the Communist Party of China and the State Council on Deepening the Reform of Investment and Financing System" proposed that according to the development needs,the establishment of infrastructure construction funds,public service development funds,housing security development funds,government investment funds and other funds will be initiated according to law.The government industry guidance fund is an innovation of the traditional government investment and financing methods.It can not only give full play to the guiding and magnifying effects of government funds and improve the efficiency of government investment,but also help alleviate the financing pressure of many medium and small-sized enterprises.In the context of the country's vigorous advocacy of local governments to explore and develop government industry guidance funds,Inner Mongolia Autonomous Region established the first government industry guidance fund in2009-Inner Mongolia Venture Capital Guidance Fund.By the end of March2019,the number has reached to 35.What are the problems of the operation of the Inner Mongolia Government Industrial Guidance Fund,and how to better play the Inner Mongolia Government Industry Guidance Fund to support the development of key industries and industries in the weak link,promote the economic growth of Inner Mongolia Autonomous Region,the optimization of industrial structure and the upgrading of industrial structure is worth studying subject.The current domestic policy fund established by the government has not yet formed a unified name.This paper defines the concept of the government industry guidance fund and other types of funds related to it,introduces the characteristics of the government industry guidance fund,sorts out the changes of the government's investment and financing system and the development process of the government industry guidance fund.In order to gain a deeperunderstanding of the problems faced by the current Inner Mongolia government industrial guidance fund,this paper compares the development of the Inner Mongolia government industrial guidance fund with the whole country.Three cases of better-developed government industry guidance funds and the case of Inner Mongolia government industry guidance fund were introduced,and the operation of the Inner Mongolia Government Industrial Guidance Fund was carried out from the three dimensions of capital amplification effect,industrial support role and risk prevention and control level.It was concluded that the main problems faced in its operation were weaker capital amplification effect,less industrial support role,lower risk prevention and control level.Then,the reasons for these problems are narrow funding channels,lack of investment projects,insufficient fund management talents,and unclear responsibility for risk prevention and control.Therefore,this paper suggests that the Inner Mongolia Autonomous Region should broaden fund raising channels,strengthen project reserve and cultivation,accelerate the construction of fund management talents,and clarify risk prevention and control duties.