The publicity of policy finance is the essential characteristic of the policy finance,that provides financial services to peculiar capital demander through exclusive and nonprofit way,based on sovereign credit,to achieve its first policy goal:rational allocation of capital resource.It is under the new historical stage that the latest understanding of the nature of the policy finance has been proposed,it also can be the general principle of future's revolution of China's policy finance and has permanent influence in the long-time period.Its connotation includes the publicity of the target,the publicity of the range as well as the publicity of the operation mechanism.The detail of the publicity of the policy finance depends on one country's basic national conditions,closely related to economic,political,and many other factors.Policy finance's practice and performance directly affects the quality of the degree of the realization of its public nature,but the policy finance publicity properties do not necessarily decide the practice of policy finance,so legislation and other measures are needed to ensure its publicity.
BAI Qin-xian, ZHANG Kun.
The Essential Characteristic of the Policy Finance:Publicity[J]. Journal of Central University of Finance & Economics, 2015, 0(09): 23-30