Since Reformation and Open policy came into being,Investment Promotion has been the focus of governments at all levels and it accumulated a large amount of experience and lessons at the same step with the development of market economy.Nowadays,the activities exert the important influence on the regional economy.
In China,rising and fast developed in the period transiting from planned economy to the market one,the government played a very important role in InvestmentPromotion.Some local governments even dominated the investment promotionwork.Although the mode of government intervention in investment promotion has achieved great success,along with the process of economic globalizationand perfection of China’s market economic mechanism,it has been exposing more and more problems.Therefore,research to government,especially transition government functions in Investment Promotion is helpful for promotes the local authority to transform the work function,the standard attract for investment behavior,guaranteeing the place economical health,fast,the harmonious development in the extremely vital significance.
The paper studies the background、characteristics and related theories of Investment Promotion,describes some unreasonable state of affairs of government functions , analysis of these problems in four main reasons and put forward the proposal that transition government should stay at its place without absence and has done the things without overrun in Investment Promotion.
KEYWORDS:Investment Promotion, government function, transition