It has become the key to the coal enterprises obtaining competitive advantage that even supply of coal products by optimizing the coal supply chain to meet customer demand for coal to achieve coal enterprises and customers’win-win.

By the provincial panel data from 1996 to 2003,this paper analyzes the relationship between local government s behavior norms,policy supply level and the development of private-owned enterprises.

Since the reforming and opening up to the outside world, the cause that the gap between town and the country has been broaden is the unbalance of policy supply and institution arrangement.

For the reasons of system, culture and mechanism, there are obvious deficiencies existed in the policy supply of our country which presents as absence of a policy supplier, lack of policy harmony and weakness of group culture.

Since the inception of China capital market,there was a radical change of securities supply policy from the administrative auditing system under quota management to authoring system,from mainland preference,internal and overseas equality to prompt overseas bule-chip to return to A shares market and be cross-listed.