GROWTH SUFFICIENCY OF THE INDUSTRIAL INVESTMENT FUND FOR LOCAL GOVERNMENT IN HENAN, CHINA

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

Abstract


This study aims to explore the determinants of sufficient growth of the Local Government Industrial Investment Fund in Henan, China. The industrial investment fund in China started with the development of an overseas investment fund. China has become the world’s second-biggest equity investment market. Industrial capital has thrived in recent years. In China, local government investment funds also have a broader role and importance and are becoming an important funding mechanism that local governments can function and encourage. This research methodologically constitutes a quantitative study. Another is the consequence, rather than explaining variables as a cause. Under the probability sampling design, the analysis uses the basic random sampling approach, using survey methods that include structured questionnaires. The result indicates that the local government’s industrial investment fund in Henan, China, would be an infrastructure for economic development.

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Keywords


growth sufficiency, industrial investment fund, local government, Henan, China

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DOI: http://dx.doi.org/10.46827/ejpss.v4i1.962

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