Private Investment as Complement to Public Investment:An Important Choice in Post-Crisis Period

In response to the global financial crisis,public investment makes a considerable contribution to China’s economic rebound in the world.During the post-crisis period,to actively expand private investment is the most important strategy to maintain sustainable economic growth.Compared to public investment,private investment has such features as flexible mechanisms,high efficiency,great potential,strong sustainability,being conductive to innovation and entrepreneurship,and strong employment effects,etc..At present,in order to motivate private investment,the government should push the process of urbanization,encourage entrepreneurship and consumption,and take measures to expand private investment in such aspects as investment fields,investment patterns,financing channels,fiscal support,innovation guidance,service conditions,and so on.