Research on the Operation and Management Model of Chinese Government Investment Funds--Empirical Analysis Based on Regulatory Texts

Abstract

The Chinese government's investment funds have developed well in recent years, and the choice of fund management mode in the actual operation of various local government investment funds is also constantly developing. Under the influence of various factors of the local government and the market, government investment funds can be roughly divided into four management modes, which are reflected in the regulations of various local governments on the management of investment funds. Taking the operation and management mode of each local government investment fund as the research object, this paper uses Nvivo11 software to qualitatively analyze the text of local government investment fund management regulations, and can analyze the management mode of each local government investment fund from the aspects of the provisions of management methods, the nature of management institutions, and the qualification review of management institutions. Through the analysis, various management modes have their own advantages and disadvantages, and each local government should make the best choice according to its own government fund development situation.