TITLE:
Research on the Countermeasures for the High-Quality Development of Government Investment Funds in China
AUTHORS:
Chenzhi Li
KEYWORDS:
China, Government Investment Fund, Fund Operation Management, Development Strategy
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.13 No.8,
August
8,
2023
ABSTRACT: It is pointed out in the report of the 20th CPC
National Congress that it is necessary to build a high-level socialist market
economic system, give full play to the decisive role of market in the
allocation of resources, and give better play to the role of government to
promote state-owned capital and state-owned enterprises to become stronger,
better and bigger. Government investment funds play a key role in supporting
innovation and entrepreneurship, the development of small and medium-sized
enterprises, industrial transformation, upgrading and development, infrastructure
and public services. This paper analyzes the development of government
investment funds in China from three aspects: connotation and objectives, operation
and management, supervision and performance evaluation. In combination with the plight in fund-raising, investment and
management with investment and management practice, the paper puts forward some
suggestions for the development of diversified sources of social capital,
marketization of operation management, flexibility of system and mechanism and
differentiation of supervision management on this basis.