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Shvoong Home>Business & Economy>The Defects of the State Financial Capital Investment and Fund-raising System and Its Rectification Summary

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The Defects of the State Financial Capital Investment and Fund-raising System and Its Rectification

Article Summary by: TsingHua    

Original Author: Journal of Fujian Normal University(Philosphy and Social Sciences Edition)
In the market-oriented economy, financial investment and fund-raising system has its dynamic connotation definition and its
special function orientation. Now, the reform of the financial investment and fund-raising system in China lags behind other aspects of economic system reform.There exists many systematic shortcomings such as system lackness or defect, functional confusion, cramped channels, low results,and no-balanced form,among which the lackness of the state-owned capital investment and fund-raising executor is the key factor. The key to the reform of state-owned financial capital investment and fund-raising system is perfecting the financial contributor system. Meanwhile, we should take measures in standardizing the law-making, independent budget, disengaging mechanism, credit evaluation and establishing the financial investment and fund-raising system which can make these three decisions——investment, capital and credit restrain each other,all of which resulted in the defects establishment of new state-owned financial capital investment and fund-raising system.
Published: May 28, 2006
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