Local government guiding funds 2015 years of explosive growth reached 1.5 trillion
Government-led Fund was established this year, is expected to usher in another round of peaks. The economic information newspaper reporter interviewed Minister of finance was informed that in several provinces during the two sessions, urged on by relevant national policies and, at present, all over the country to form a Government-led industrial funds, and provincial plans in the year 2016 bigger funds significantly.
Jiangxi province, the national people's Congress, Finance Minister Hu Qiang said: "last year set up two funds in our province, it is the size of 3 billion yuan. This year, we plan to further expand the scale and want a qianyiji Fund group in the coming years. Financial investment may reach nearly 20 billion yuan, transfer bank or social capital of 80 billion yuan. ”
Hu Qiang, downward pressure on economic circumstances, require government guidance funds to move the Bank funds and social funds, four deflected the role to play.
"The entire Fund in Shandong province has more than 150 billion, of which, the Shandong provincial government invested 19 Fund, equity fund established to reach more than 60 billion yuan. Plans to continue to expand the scale of funds this year. "The national people's Congress, Finance Minister Yu Guoan, Shandong province said.
Heilongjiang province national people's Congress, Finance Minister Wang Qingjiang said Heilongjiang province invested 1 billion yuan last year, leveraging social capital the total of 4 billion yuan, is 1:3. Have contracted to set up industry Fund of 10 billion yuan this year, the financial contribution of 2.5 billion yuan, 7.5 billion yuan of social capital.
National People's Congress, Finance Minister Huang Weijing said Guangxi Zhuang Autonomous Region, Guangxi in the practical formation of two Government guiding funds at the end of last year, a support strategic emerging industries, and other supported enterprises "going out". Current project has been established, expect one or two quarters of this year several sub-funds will be able to run.
Gansu province national people's Congress, Finance Minister Qin and says, "2011, the province funded separately or jointly invested in social capital fund, an investment fund total 10, fund 14, 11.7 billion yuan are in place, including financial investment of 7.8 billion yuan, invested 3.9 billion yuan of social capital; implementation of intent social capital investment of 4.9 billion yuan. ”
In 2015, the local governments have actively led the establishment of Government-led Fund, set up by provincial-level units gradually extended to the municipal and district-level units. Z-Group also has a private source for the data shows that in 2015, new Government guidance funds for 297, Fund 1,508,996,000,000, 2013 Fund respectively number of 2.83 times and 5.24 times times and fund sizes.
"In 2015, compared with explosive growth, is expected to further increase in 2016, Government Fund set up, size increases further, but some slowdown in growth is likely to be 2015. "The clearing Gui Jieying Research Center analyst said.
However, in the course of much bigger Government-led funds, insufficient market impact in supporting industry development and the positive effects of the steady growth in the process.
"Some cities and counties for the purpose of developing the local economy and provisions established by the participation Fund, must be on the local business and industry starts late in some areas, low level of industrialization, the scale is smaller, limited project choices, affect the active participation of social capital. "Qin said.
Gui Jieying, said many government-led funds have experienced a certain amount of capital, the reason is Government and venture investment in selected conflicts of interest exist on the project, some speculative ideas of investment projects are often outside the scope defined by the Government.
Insufficient market is also reflected in the investment decision-making process. National CPPCC members, and national technology results into guide Fund, Chairman of Ma weihua said, in practice in the, some Government Guide Fund of competent sector, for guarantee funds security of target, set has cumbersome of administrative decision approval program, this in must program Shang effect has Fund of run efficiency and decision of scientific and accuracy, and will makes decision with strong of administrative intervention color, to and child Fund level of market operation phase convergence.
Gui Jieying, said despite the Treasury's request, but most of the Government-led Fund does not establish a very sound performance appraisal system. "Most of the Government Fund set up to invest in the direction, scope description, but for the process of Fund and fund performance is not clearly defined. ”
As the Government guiding funds such as "mushroom"-like growth, insiders suggested that central authorities should strengthen the guidance funds and manpower planning.
"Some departments more than one Fund, a great rushing headlong into mass action potential. Different overlapping policy objectives of the Government-led Fund, causing the Fund to set up, having too many funds scattered. In conjunction with national and local industry in key areas and weak links in the layout, adjust and different areas of Government guiding funds shall not be repeated in the same industry or field to set up the Fund, and the expansion of the Government-led Fund to a reasonable scale, developed Government guidance funds long-term planning for the development of, and ensure the sustainability of funding support. "Mr Ma said.
(Editors: Biao Guo UN832)
2016-03-16 02:24:48
Economic information daily
地方政府引导基金爆发式增长 2015年达1.5万亿
政府引导基金有望在今年迎来又一轮设立高峰。《经济参考报》记者两会期间采访多个省份的财政厅厅长获悉，在国家相关政策的鼓励下，目前全国各地都在积极组建政府引导的产业基金，且多省计划在2016年显著做大基金规模。
全国人大代表、江西省财政厅厅长胡强表示：“我们省去年组建了两支基金，都是30亿元的规模。今年我们计划进一步做大规模，未来几年内想搞一个千亿级的基金群。财政出资可能达到近200亿元，调动银行或者社会资金800亿元。”
在胡强看来，经济下行压力加大的情况下，需要通过政府引导基金来撬动银行资金和社会资金，发挥四两拨千斤的作用。
“整个山东省已有1500多亿的基金规模，其中，山东省级政府出资设立19支引导基金，参股设立的基金规模达到600多亿元。今年计划继续扩大基金规模。”全国人大代表、山东省财政厅厅长于国安表示。
全国人大代表、黑龙江省财政厅厅长王庆江透露，黑龙江省去年财政出资10亿元，撬动社会资本后总规模40亿元，大致比例是1:3。今年已签约组建100亿元的产业引导基金，财政出资25亿元，社会资本出75亿元。
全国人大代表、广西壮族自治区财政厅厅长黄伟京说，广西在去年底动手组建了两支政府引导基金，一支支持战略性新兴产业，另一支支持企业“走出去”。目前项目库已经建立，预计今年一二季度几支子基金就能运行。
全国人大代表、甘肃省财政厅厅长张勤和说，“2011年以来，省财政单独出资或与社会资本共同出资设立产业基金、投资基金共10支，子基金14支，已到位资金117亿元，其中，财政投入78亿元，社会资本投入39亿元；落实意向社会资本投资49亿元。”
2015年，各地方政府纷纷积极主导设立政府引导基金，设立主体也由省级单位逐渐延伸至市级及区级单位。清科集团旗下私募通数据显示，2015年新设立的政府引导基金为297支，基金规模15089.96亿元，分别是2013年引导基金数量和基金规模的2.83倍和5.24倍。
“相比2015年的爆发式增长，预计2016年政府引导基金的设立会进一步增加，规模进一步增大，但是增速可能比2015年有所放缓。”清科研究中心分析师桂洁英表示。
不过，在多地做大政府引导基金规模的过程中，市场化程度不足影响了其在扶持产业发展和稳增长过程中发挥的积极效应。
“一些市县出于发展本地经济的目的，规定参股发起设立的基金，必须投向本地企业，而有些地区产业起步较晚，产业化程度不高，规模普遍较小，限制了项目可选择面，影响社会资本积极参与。”张勤和表示。
桂洁英也表示，不少政府引导基金出现了一定的资金沉淀，原因就在于政府和创投机构在选择投资项目上存在利益冲突，一些创投机构想投资的项目往往不在政府划定的范围之内。
市场化程度不足同时还体现在投资决策的过程上。全国政协委员、国家科技成果转化引导基金理事长马蔚华表示，在实践中，有些政府引导基金的主管部门，出于保证资金安全的目标，设置了繁琐的行政决策审批程序，这在一定程序上影响了基金的运行效率以及决策的科学性和准确性，又会使决策带有较强的行政干预色彩，难以与子基金层面的市场化运作相衔接。
桂洁英也表示，尽管财政部有要求，但目前大部分的政府引导基金并未建立起非常完善的绩效考核体系。“大部分的政府引导基金在设立时只对投资的方向、范围等进行说明，但是对于基金的运作流程和基金绩效考核没有明确规定。”
鉴于政府引导基金如“雨后春笋”般生长，业内人士建议，中央应该加强对引导基金的统筹规划。
“有些部门不止一支基金，大有一哄而上之势。不同政府引导基金政策目标交叉重叠，造成基金重复设立，数量过多，资金使用分散。应结合国家、地方产业布局中重点领域和薄弱环节，适时调整和明确不同政府引导基金的作用领域，不得在同一行业或领域重复设立基金，并且要合理扩大政府引导基金规模，制定政府引导基金发展的长期规划，确保财政资金支持的持续性。”马蔚华称。
(责任编辑：郭彪 UN832)
2016-03-16 02:24:48
经济参考报