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Author: | Liu, Shaojun |
Title: | Improving the control mechanism of investment and financing (original in Chinese) |
Journal: | China Industrial Economics Research (c)
1994 : 10, p.12-15 |
Index terms: | INVESTMENT FUND-RAISING STOCK MARKETS MANAGEMENT |
Language: | chi |
Abstract: | The present situation of China's investment and financing is that the proportion of governmental investment is declining rapidly, accounting for less than 10 percent of domestic investment in fixed assets. Indirect financing went up to 23.5 percent in 1991, having become the leading channel of financing investment funds. In terms of direct financing, stocks and bonds issued nationwide amounted to over 560 billion yuan, making up 11.3 percent of the total volume of net assets of domestic finance. |
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