Opinions On Encouraging And Guiding The Healthy Development Of Private Investment

Since the reform and opening up, China's private investment has been growing and growing. It has become an important force to promote economic development, adjust industrial structure, prosper urban and rural market, and expand social employment.

While unswervingly consolidating and developing the public sector of the economy, we must unswervingly encourage, support and guide the development of the non-public sectors of the economy, further encourage and guide private investment, uphold and improve the basic economic system of our primary stage of socialism, develop the mixed ownership economy on the basis of the modern property rights system, promote the equal competition and common development of all kinds of ownership economy, promote the socialist market economic system, give full play to the basic role of market allocation of resources, establish a fair competition market environment, stimulate the endogenous driving force of economic growth, stabilize the foundation for sustainable development, promote the long-term and steady and rapid development of the economy, expand social employment, increase household income, stimulate domestic consumption, and promote social harmony and stability.

For this reason, the following comments are made:

First, further expand the scope and scope of private investment.

(1) thoroughly implement a series of policies and measures of the State Council on encouraging and supporting the development of the private sector and other non-public sectors of the economy (Guo Fa [2005] 3) and so on, and encourage and guide private capital to enter industries and areas where laws and regulations do not explicitly prohibit access.

We should standardize the setting of investment access threshold and create a fair competition and equal access to the market environment.

Market access standards and preferential support policies should be open and pparent. They should be treated equally for all kinds of investment entities, and no additional conditions should be set up for private capital.

(two) clearly define the scope of government investment.

Government investment is mainly used in the economic and social fields related to national security and the inefficient allocation of resources by the market.

Private capital access should be encouraged and supported for infrastructure, municipal engineering and other public services that can be marketed.

(three) further adjust the layout and structure of the state-owned economy.

State owned capital should focus on continuously strengthening and consolidating important industries and key areas related to the lifeline of the national economy. In the general competitive field, we should create broader market space for private capital.

(four) actively promote the reform of social undertakings in medical and educational fields.

Taking private social undertakings as an important supplement to the development of social public utilities, overall planning, rational layout, and quickening fostering a public service system with government investment and private investment as the supplement.

Two, encourage and guide private capital to enter the field of basic industries and infrastructure.

(five) encourage private capital to participate in pportation construction.

We should encourage private capital to invest in the construction of roads, waterways, port terminals, civil airports, general aviation facilities and so on by means of sole proprietorship, holding and share participation.

We should speed up the study and formulation of the railway system reform plan, introduce market competition, promote diversification of investment entities, and encourage private capital to participate in the construction of railway lines, railway branches, railway ferry and station facilities, and allow private capital to participate in the construction of coal pportation channels, passenger dedicated lines and inter city rail pit projects.

We should explore and establish railway industrial investment funds, actively support railway enterprises to accelerate the listing of shares and broaden the channels and channels for private capital to enter the field of railway construction.

(six) encourage private capital to participate in the construction of water conservancy projects.

We should establish a fee compensation mechanism, implement government subsidies, and invite private capital investment to build water conservancy projects, such as irrigation and water conservancy, inter basin water diversion, comprehensive utilization of water resources, soil and water conservation, through owner tendering and contract leasing.

(seven) encourage private capital to participate in electric power construction.

We should encourage private capital to participate in the construction of new energy industries, such as wind energy, solar energy, geothermal energy and biomass energy.

Support private capital to participate in the construction of hydropower stations and thermal power stations in the form of sole proprietorship, holding or shareholding, and to participate in the construction of nuclear power stations.

We should further liberalize the electricity market, actively push forward the reform of electricity prices, speed up the implementation of bidding online, carry out project owners bidding, improve the power supervision system, and create a good environment for private power generation enterprises to participate in competition equally.

(eight) encourage private capital to participate in the construction of oil and natural gas.

We should support private capital in oil and gas exploration and development, and cooperate with state-owned oil companies in oil and gas exploration and development.

It supports private capital participation in building storage, pportation and pipeline pportation facilities and networks for crude oil, natural gas and refined oil.

(nine) encourage private capital to participate in Telecom Construction.

We should encourage private capital to enter the basic telecom operation market by way of equity participation.

Support private capital to carry out value-added telecom business.

We should strengthen supervision over monopoly and unfair competition in the telecommunications sector, promote fair competition and promote resource sharing.

(ten) encourage private capital to participate in land consolidation and mineral resources exploration and development.

We should actively guide private capital to participate in land consolidation and reclamation projects through the form of tendering and bidding, encourage and guide private capital to invest in the restoration and control of mine geological environment, and insist that the mining rights market be fully opened to private capital.

Three, encourage and guide private capital to enter the field of municipal public utilities and policy oriented housing construction.

(eleven) encourage private capital to participate in the construction of municipal public utilities.

Support private capital to enter the urban water supply, gas supply, heating, sewage and garbage disposal, public pport, urban landscaping and other fields.

We should encourage private capital to take an active part in the reorganization and restructuring of municipal public enterprises and institutions. The municipal public utilities projects with proper conditions can adopt the market-oriented operation mode and pfer property rights or management rights to private capital.

(twelve) further deepening the structural reform of municipal public utilities.

We should actively introduce the market competition mechanism, vigorously carry out the investment subject of the municipal public utilities, the bidding system of the main body of the operation, and establish and perfect the franchise system of the municipal public utilities.

We should improve and improve the government procurement system, establish a standardized government supervision and financial subsidy mechanism, accelerate the reform of the price and charge system of municipal public products, and create a good institutional environment for encouraging and guiding folk capital into the field of municipal public utilities.

(thirteen) encourage private capital to participate in the construction of policy housing.

We should support and guide private capital investment in the construction of affordable housing, public rental housing and other policy related housing, participate in shanty towns pformation, and enjoy the corresponding policy housing construction policy.

Four, encourage and guide private capital to enter the field of social undertakings.

(fourteen) encourage private capital to participate in the development of medical undertakings.

Support private capital to set up various hospitals, community health service institutions, sanatorium, out-patient department, clinics, health centers (hospitals) and other medical institutions to participate in public hospitals restructuring and reorganization.

Support private medical institutions to undertake public health services, basic medical services and medical insurance designated services.

We should effectively implement the tax policy of non-profit medical institutions.

We should encourage the rational flow of medical personnel resources to private medical institutions, and ensure that private medical institutions enjoy equal treatment with public hospitals in such aspects as talent introduction, professional title evaluation and scientific research projects.

We should strengthen supervision over various medical institutions from the aspects of medical quality, medical behavior and charging standards, so as to promote the healthy development of private medical institutions.

(fifteen) encourage private capital to participate in the development of education and social training.

Support private capital to set up institutions of higher education, primary and secondary schools, kindergartens, vocational education and other educational and social training institutions.

We should revise and improve the implementation regulations of the National People's Republic of China's education promotion law, implement the policy of encouraging talents and public financial assistance to private schools, accelerate the formulation and improvement of policies to promote the development of private education, such as finance, property rights and social security, and study the establishment of the exit mechanism for private schools.

(sixteen) encourage private capital to participate in the development of social welfare undertakings.

Through various forms of land protection, credit support and government procurement, private capital investment should be encouraged to invest in the construction of specialized service facilities, and the establishment of various social welfare institutions such as rehabilitation and rehabilitation services, rehabilitation services and other social welfare institutions.

(seventeen) encourage private capital to participate in the development of culture, tourism and sports industry.

We should encourage private capital to engage in activities such as advertising, printing, performing arts, entertainment, cultural and creative, cultural and exhibition, film and television production, Internet culture, animation games, publications, cultural products digital production and related services, and build cultural facilities such as museums, libraries, cultural galleries, cinemas and so on.

We should encourage private capital to develop tourism resources rationally, build tourist facilities and engage in all kinds of tourism and leisure activities.

We should encourage private capital to invest in the production of sporting goods, build various sports venues and fitness facilities, and engage in sports fitness, competitions and performances.

Five, encourage and guide private capital to enter the field of financial services.

(eighteen) allowing private capital to set up financial institutions.

Under the premise of strengthening effective supervision, promoting standardized operation and guarding against financial risks, we should relax restrictions on financial institutions' share ratios.

It supports private capital participation in the capital increase and share expansion of commercial banks and participates in the restructuring of rural credit cooperatives and urban credit cooperatives.

We should encourage private capital to initiate or participate in the establishment of financial institutions such as village banks, loan companies, rural mutual cooperatives, and so on, so as to relax the restrictions on the minimum proportion of capital contributions to corporate banks in rural banks or community banks.

We should implement the policy of fully provisioning the loss reserve before and after the SME loan, and simplify the auditing procedures for the cancellation of bad debts of small and medium-sized financial institutions.

We should appropriately relax the restrictions on single investor shareholding ratio of small loan companies, and implement the same financial subsidy policy for small loan companies in agriculture related businesses.

We should support private capital in launching Credit Guarantee Corporation and improve Credit Guarantee Corporation's risk compensation mechanism and risk sharing mechanism.

We should encourage private capital to initiate the establishment of financial intermediaries and take part in restructuring and restructuring of financial institutions such as securities and insurance.

Six, encourage and guide private capital to enter the field of business circulation.

(nineteen) encourage private capital to enter the field of commodity wholesale and retail, and modern logistics.

It supports private wholesale and retail businesses and encourages private capital to invest in new circulation formats such as chain operations and e-commerce.

We should guide private capital to invest in the third party logistics service area, create conditions for private logistics enterprises to undertake logistics outsourcing business in traditional manufacturing and business sectors, and support small and medium-sized private business circulation enterprises to develop joint distribution.

We should speed up the reform of the management system of the logistics industry, encourage the integration and full use of the resources of the logistics infrastructure, promote the network operation of the logistics enterprises, build a convenient and efficient financing platform, create a fair and standardized market competition environment, and promote the socialization of logistics services and the marketization of resources utilization.

Seven, encourage and guide private capital to enter the field of national defense science and technology industry.

(twenty) encourage private capital to enter the field of investment and construction of national defense science and technology industry.

We should guide and support private enterprises to participate in the reorganization and pformation of military enterprises in an orderly way, encourage private enterprises to participate in high-tech development and industrialization of civil and military use, and allow private enterprises to take part in military production and scientific research tasks in accordance with relevant regulations.

Eight, encourage and guide private capital restructuring and participation in state-owned enterprises.

(twenty-one) guide and encourage private enterprises to use the property market to combine private capital, promote the rational flow of property rights, and carry out cross regional and cross industry mergers and acquisitions.

We should encourage and support the rational flow of private capital in China, achieve orderly industrial gradient pfer, take part in the development of the western region, revitalize the old industrial bases in Northeast China, the rise of the central region, and the new rural construction and poverty alleviation and development.

Support the qualified private enterprises to become bigger and stronger through joint reorganization and become a group company with outstanding characteristics and strong market competitiveness.

(twenty-two) encourage and guide private enterprises to participate in the restructuring and reorganization of state-owned enterprises through participation, holding and asset acquisition.

We should reasonably reduce the proportion of state-owned capital in state holding enterprises.

In the process of restructuring and reorganizing state-owned enterprises, private enterprises should conscientiously carry out the policy requirements of the State concerning asset disposal, debt handling and social security, and properly place employees in accordance with the law, so as to ensure the legitimate rights and interests of employees.

Nine, promote private enterprises to strengthen their own innovation and

(twenty-three) to implement tax preferential policies to encourage enterprises to increase R & D investment, encourage private enterprises to increase R & D investment, improve their capability of independent innovation, and master core technologies with independent intellectual property rights.

To help private enterprises establish engineering and technology research centers and technology development centers, increase technical reserves and do well in training technical personnel.

Support private enterprises to participate in major national science and technology projects and technological tackling problems, and constantly improve the technological level and R & D capabilities of enterprises.

(twenty-four) accelerate the implementation of the encouragement policy to promote the pformation of scientific and technological achievements, actively develop the technology market, improve the registration system of scientific and technological achievements, and facilitate the pfer and purchase of advanced technology by private enterprises.

Speed up the construction and mechanism innovation of scientific and technological service institutions such as analytical testing, inspection and testing, business incubation, science and technology assessment and scientific and technological consultation, so as to provide a service platform for private enterprises' independent innovation.

We should actively promote market competition in high-tech service areas such as information service outsourcing, intellectual property rights, technology pfer and achievement pformation, and support private enterprises to carry out technical service activities.

(twenty-five) encourage private enterprises to increase the intensity of new product development and achieve product upgrading.

The development and development costs of developing new products can be deducted according to the regulations.

Encourage private enterprises to implement brand development strategy, strive to create brand-name products, improve product quality and service level.

By accelerating depreciation of fixed assets, private enterprises are encouraged to carry out technological pformation, eliminate backward production capacity and speed up technological upgrading.

(twenty-six) encourage and guide private enterprises to develop strategic emerging industries.

It is widely used in information technology and other high and new technologies to pform and upgrade traditional industries, vigorously develop circular economy and green economy, and invest in new industries such as energy conservation, emission reduction, water saving and consumption reduction, biomedicine, information network, new energy, new materials, environmental protection, and comprehensive utilization of resources.

Ten.

(twenty-seven) encourage private enterprises to "go out" and actively participate in international competition.

Support private enterprises in international R & D, production, marketing and other aspects of international operations, develop strategic resources, and establish an international sales network.

Support private enterprises to use their own brands, independent intellectual property rights and independent marketing, expand the international market, and speed up the cultivation of multinational enterprises and internationally famous brands.

We should support private enterprises, private enterprises and state-owned enterprises to form a consortium, give full play to their respective advantages and jointly carry out various forms of overseas investment.

(twenty-eight) improve the overseas investment promotion and guarantee system.

Establish a policy consultation mechanism to encourage and promote the international flow of private capital with the countries concerned, carry out various forms of dialogue and exchanges, and develop long-term stable and mutually beneficial cooperative relations.

Through signing bilateral private investment cooperation agreements and using multilateral agreement system, we will strive for private enterprises to "go out" and strive for favorable investment, trade environment and more preferential policies.

We should improve and perfect the overseas investment encouragement policy, and enjoy the same treatment in the aspects of financial support, financial insurance, foreign exchange management, quality inspection and customs clearance.

Eleven, create a good environment for private investment.

(twenty-nine) to clean up and amend the regulations and policies that are not conducive to the development of private investment, earnestly protect the legitimate rights and interests of private investment, and cultivate and maintain an equal competitive investment environment.

When formulating laws, regulations and policies concerning private investment, we should listen to the opinions and suggestions of relevant chambers of Commerce and private enterprises, and fully reflect the reasonable requirements of private enterprises.

(thirty) government funds arranged by relevant departments of people's governments at various levels, including budgetary investment, special construction funds, venture capital guiding funds, international financial organization loans and foreign government loans, should be clear rules and unified standards, and equal treatment should be given to all kinds of investment entities including private investment.

Support the products and services of private enterprises into the government procurement catalogue.

(thirty-one) all kinds of financial institutions should innovate and flexibly apply various financial instruments on the basis of risk prevention, increase financing support for private investment, and strengthen financial services for private investment.

People's governments at all levels and relevant regulatory departments should constantly improve the financing guarantee system of private investment, improve the venture capital mechanism, develop equity investment funds, and continue to support private enterprises to raise funds through stock and bond markets.

(thirty-two) comprehensively clean up and integrate administrative examination and approval matters involving private investment management, simplify links and shorten time limits, further promote the publicity and standardization of management contents, standards and procedures, and improve the efficiency of administrative services.

We should further clean up and standardize charges related to enterprises and effectively reduce the burden of private enterprises.

Twelve, strengthen the service, guidance and standardized management of private investment.

(thirty-three) statistics departments should strengthen statistics on private investment and accurately reflect the progress and distribution of private investment.

Investment authorities, industry management departments and trade associations should do a good job in monitoring and analyzing private investment, grasp the dynamics of private investment and guide private investment in a timely manner.

It is necessary to strengthen the construction of investment information platform and release the information of the state's industrial policies, development and construction plans, market access standards and industry dynamics at home and abroad in a timely manner, so as to guide private investors to correctly judge the situation and reduce blind investment.

(thirty-four) establish and improve the private investment service system.

We should give full play to the role of self-governing organizations such as chambers of Commerce and trade associations, and actively foster and develop intermediary organizations providing legal, policy, advisory, financial, financial, technological, managerial and market information services for private investment.

(thirty-five) while relaxing market access, we should strengthen supervision.

The relevant departments of people's governments at all levels should conscientiously urge non-governmental investors to fulfill their investment and construction procedures in accordance with relevant laws and regulations, strictly abide by the state's industrial policies and regulations on environmental protection, land use, energy conservation, quality and safety.

We should establish and perfect the credit system of enterprises, and guide private enterprises to establish standardized systems of property rights, finance and employment and operate according to law.

The main body of private investment should constantly improve their own quality and ability, establish integrity awareness and sense of responsibility, create conditions to meet market entry requirements, and take the initiative to shoulder corresponding social responsibilities.

(thirty-six) create a good public opinion atmosphere conducive to the healthy development of private investment.

We will vigorously publicize the principles, policies and measures adopted by the Party Central Committee and the State Council to encourage, support and guide the development of the non-public sector of the economy.

It is objective and fair to publicize the positive role of private investment in promoting economic development, adjusting industrial structure, prospering urban and rural market and expanding social employment.

We should actively publicize the advanced deeds of private entrepreneurs in accordance with the law, honest and trustworthy, conscientiously fulfill their social responsibilities and actively participate in public welfare undertakings.

All regions and departments should put more emphasis on encouraging and guiding the healthy development of private investment, further emancipate the mind, change concepts, deepen reform, and seek truth from facts. According to the requirements of this opinion, we should promptly study and formulate specific implementation measures, implement relevant policies and measures as soon as possible, and strive to create a policy environment conducive to the healthy development of private investment and public opinion atmosphere, effectively promote the sustained and healthy development of private investment, and promote reasonable investment growth, structural optimization, efficiency improvement and sound and rapid economic and social development.