2007•Urban ProblemsRequires access

On financing model of economic and technological development zone

Zhu Honglian

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Abstract

Construction capital is necessary to the economic and technological developing zone. However, with the deepening of investment system reform, widening financing channels and extensively acquiring construction capital have become the opportunities and challenges as well to the further development of the economic and technological developing zone. The financing ways are classified into two categories based on financing theories: corporation financing and project financing. Different financing ways can be chosen by developing zones in accordance of particular circumstances. Nowadays, the feature of “government organization and corporation” and the anticipative income structure of economic and technological developing zone suggest that all kinds of opportunities should be grasped and proper methods of financing should be adopted, that the corporation financing is major and the project financing is minor, and that construction capital should be collected including by the ways of governmental subsidy and bank loan.

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Construction capital is necessary to the economic and technological developing zone. However, with the deepening of investment system reform, widening financing channels and extensively acquiring construction capital have become the opportunities and challenges as well to the further development of the economic and technological developing zone. The financing ways are classified into two categories based on financing theories: corporation financing and project financing. Different financing ways can be chosen by developing zones in accordance of particular circumstances. Nowadays, the feature of “government organization and corporation” and the anticipative income structure of economic and technological developing zone suggest that all kinds of opportunities should be grasped and proper methods of financing should be adopted, that the corporation financing is major and the project financing is minor, and that construction capital should be collected including by the ways of governmental subsidy and bank loan.

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Available abstract

Construction capital is necessary to the economic and technological developing zone. However, with the deepening of investment system reform, widening financing channels and extensively acquiring construction capital have become the opportunities and challenges as well to the further development of the economic and technological developing zone. The financing ways are classified into two categories based on financing theories: corporation financing and project financing. Different financing ways can be chosen by developing zones in accordance of particular circumstances. Nowadays, the feature of “government organization and corporation” and the anticipative income structure of economic and technological developing zone suggest that all kinds of opportunities should be grasped and proper methods of financing should be adopted, that the corporation financing is major and the project financing is minor, and that construction capital should be collected including by the ways of governmental subsidy and bank loan.

Key concepts: Finance, Corporation, Loan, Subsidy, Business, Investment (military), Capital (architecture), Government (linguistics)

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