Traditional Culture Encyclopedia - Hotel accommodation - Can financial funds be used to build hotels?

Can financial funds be used to build hotels?

Financial funds can build hotels.

Fiscal funds that are investment subsidies, such as subsidies for public welfare and public infrastructure investment projects, subsidies for investment projects that promote scientific and technological progress and high-tech industrialization, etc. These funds are provided to investors. Subsidies for invested capital, but the biggest difference from the previous type of funds is that the state does not necessarily invest as an investor. It is mainly directional funds given to enterprises by the government in order to implement macroeconomic policies or achieve regulatory goals. Enterprises should follow the government’s The documents issued by the department stipulate that the "paid-in capital" or "capital reserve" will be increased, which shall be shared by all investors or held or enjoyed by a certain unit according to the spirit of the document. If the paid-in capital is increased, an accounting firm shall issue a capital verification report.