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实现经济跨越式发展只能主要寄希望于投资,投资是推动经济增长的发动机。没有大规模的国际资本和民间资本的进入,占经济总量65%以上的国有经济的战略性调整、产业结构升级、优势产业群的构筑、具有核心力的大公司和企业集团的培育都难以实现;思想观念的转变、经营机制的创新、管理的现代化都十分困难;改善财政状况、缓解就业压力、缩小东西部差距、参与经济全球化都无从谈起。因此,对于贵阳、贵州乃至整个西部,招商引资都具有决定性意义。
我们的总体目标应当是,在我国加入WTO以后3至5年的过渡期结束之前,在科学的产业政策指导下,利用本地的资源和成本优势,通过招商引资、自我积累和自我发展,引进和扶持若干拥有著名品牌和自主知识产权、具有核心力的大公司和企业集团;并以这些大公司和企业集团为依托,构筑真正能够提升经济发展层次、形成核心竞争力的优势产业;初步完成对国有经济的战略性结构调整和产业升级;力争使民营经济在整个经济结构中的比例提高到60%-70%以上,使产业和企业的竞争力得到较大的提高,努力实现与东部经济一体化,在更大范围内和更深程度上参与经济全球化进程。
尽管吸引国际资本和东部民间资本的工作取得了很大成果,但是要实现国际资本和东部民间资本较大规模的流入,还必须解决一些思想认识问题和实际问题。一是让外来资本有利可图。资本为什么来?逐利是资本的天性。因此,我们必须创造条件,让外来资本在这里能够赚到钱。
安全性
是任何一个投资者都必须首先考虑的。投资的安全性不但取决于国家中央政府和行政司法体系,同样受制于地方政府的效率和效能。目前,我国政局稳定,市场经济体制基本确立,市场法制趋于完备,宏观经济运行态势良好。因此,从大的方面看,投资的安全性是可以完全保证的。这也正是近年来全球500强及其它跨国公司纷纷进入的根本原因。从一定意义上说,东部的投资环境好于西部,这不仅是由于地理和区位的差异,更多的还是投资环境的差距。从总体上来说,在西部投资的风险远远高于东部。这也正是国际资本和东部民间资本对进入西部格外审慎的主要原因。
投资的回报率和回报周期
如果回报率低或回报周期过长,就意味着投资将失去许多收益机会。西部要吸引较大规模的国际资本和东部民间资本进入,就必须创造出比东部更高更多的投资回报。
为此,我们必须调整思路、创新方法,全面提高招商引资工作的有效性。
一是认清国际国内经济发展的新格局,明确招商引资的目标区域。
二是熟悉大公司、企业集团和跨国公司的竞争策略和活动规律,找准目标企业,积极推动企业并购。
三是认识国际产业发展的规律和特点,结合自身的资源优势,利用产业链招商引资。
四是大力发展加工贸易,引导外部企业从委托加工向投资设厂转化。
五是熟悉资本市场,掌握运作技巧,扩大融资渠道。
New Thinking & New Methods Needed for Investment Attraction
By Gao Rongkun, Vice-Mayor of Guiyang City
Investment is an engine of economic growth. Without a massive influx of international capital and private money, a strategic restructuring of the state-owned economy, which constitutes more than 65% of the national economy, would not be possible, nor would the formation of groups of competitive industries and the fostering of strong enterprise groups. Without investment, it would be difficult, too, for the country to mitigate employment pressures, narrow the gap between the east and west regions and participate in economic globalization. For Guiyang city, Guizhou province and the entire west China, attracting investment from external sources is of vital importance.
Through attracting investment as well as self-fund accumulation and self-development, we need to achieve the follow objectives in 3-5 years following China‘s entry of the WTO, that is, before full compliance to WTO rules is required. First, to foster a number of very competitive big companies and enterprise groups that turn out products of famous brands and own intellectual property rights. Second, to establish really competitive industries on the basis of such big companies and enterprise groups. Third, to bring about a strategic restructuring of the state-owned sector. Fourth, to raise the proportion of collective and private economies to more than 60-70% of the entire regional economy. And fifth, to enable Guiyang‘s economy to integrate with the economy of east China and participate in economic globalization.
We have made progress in attracting international capital and private capital from east China. But to attract greater inflows of investment capital, we need to solve problems relating to our thinking as well as practical problems. One is to allow outside capital to be profitable. Why would capital come? Seeking profit is in the nature of capital. We must create conditions that would ensure returns on investment.
Security is another issue that is of utmost importance to investors. Investment security depends not only on the central government and the country‘s administrative and judicial systems, but also on the work efficiency of local governments. At present, China enjoys political stability, and it has basically established a market economic system. Legislation has ensured a normal operation of the market. China‘s macroeconomic situation is fine, too. From a broad perspective, there is guarantee for investment security. And this is exactly why many of the world‘s top 500 companies and multinationals have come to invest in China in recent years. East China now has a better investment environment than west China. Admittedly, this is attributable to a difference in geographical location. But a more important reason is differences in investment environment itself. Generally speaking, risk for investment in the western regions is far greater than in east China. And this is why international capital and private capital of east China have been especially cautious about investing in the western regions.
Yet another issue of great concern to investors is the rate of return on investment and the cycle of return. Too low a rate or too long a cycle of return is a sure damper on investment. To attract large amounts of international capital and private capital from east China, western regions must create conditions that will ensure that investment there would generate greater returns than investment in east China.
We should, therefore, adjust out thinking and employ new methods to make our investment attraction work more efficient.
First, we need to make a careful selection of destinations for outside investment money on the basis of a full understanding of economic development trends at home and abroad.
Second, we need to find appropriate target investors from among big international and domestic companies by following their competitive strategies and activities, and actively promote mergers and acquisitions.
Third, we should use industrial chains to attract investment.
Fourth, we should develop processing-based trade in a big way; on this basis, we will encourage external enterprises to shift from placing processing orders to investing in new factories. And
Fifth, we need to expand fundraising channels.