THE ESTABLISHMENT OF THE LOCAL GOVERNMENT INDUSTRIAL INVESTMENT FUND IN CHINA: AN EMPIRICAL STUDY

Zhang Li, Jacquline Tham, S. M. Ferdous Azam

Abstract


The Chinese market is an ever booming market whereby access to information is becoming more effortless and more manageable. This study aims to analyse the establishment of a local government industrial investment fund in China. A quantitative analysis constitutes this study. The latest literature and previous research on the regulatory system, the business exit mechanism, practitioners, lack of risk prevention and the portfolio of single funds are independent variables based on a model structure. The policy is an intermediate variable, and a non-independent variable is the sustainable promotion of the production of industrial investment funds. The results indicate that there is a partnership between the Local Government Industrial Investment Fund in Henan, China and the Local Government Industrial Investment Fund Growth Fund in Henan, China. This research has also shown that the higher the perceived structure of the supervisory system and the business exit process of the industrial investment fund for the local government in Henan, China. This will motivate policy to think or have a good impression on the industrial investment funds for the Henan government. The higher the perceived supervision system structure and market exit mechanism, the better the policy.

JEL: D25; E22; G18; L50

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Keywords


development, industrial investment fund, local government, Henan, China

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References


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DOI: http://dx.doi.org/10.46827/ejmms.v6i1.963

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