出资人制度是提高投资效率的根本途径

On the System of Investors as a Fundamental Way to Increase the Investment Efficiency

"项目融资"是发达的市场经济中一种行之有效的融资方式。改造我国的项目融资制度是当务之急,也是彻底解决投资效率问题的根本途径。投融资体制改革的核心是,建立以产权明晰、公司治理结构有效的企业作为投资主体的出资人制度,在国有企业中解决产权虚置和公司治理结构的督导功能丧失的问题。

＂Project financing＂ is an effective mode of financing in the well- developed market economy.The Transformation of the system of project financing is a priority in our country and also a fundamental way to completely solve the problem of investment efficiency. The core of the investment and financing system is to establish the system of investors, which make enterprises as its main investment. The enterprises should possess clear property rights and effective corporate governance structure of the business. Another core is to solve the problem of the virtual property purchase in the state - owned enterprises and the loss of supervisory functions of corporate governance structure.