Private Capital Should Be Sunny &Nbsp, And Reduce The Financing Cost Of Private Enterprises.

Guo Guangchang, chairman of the National People's Congress and chairman of Fosun Group, said that the uneven distribution of financial resources made it difficult for private enterprises to survive, and called for the sunshine of private capital to reduce the financing costs of private enterprises.

He also revealed that Fosun Group plans to improve the overall investment structure this year and next year, and complete the layout of global investment.

　　 Financial resources Uneven distribution makes it difficult for private enterprises to survive.

Guo Guangchang said that the biggest difficulty of private enterprises is the uneven distribution of financial resources. Especially for small and micro enterprises, the financing threshold and prices are very high, and bank interest rates are also high. He suggested that private capital should be sunny so as to reduce the financing cost of private enterprises.

Guo Guangchang suggested that on the basis of the pilot project of small loan companies, we should find some competent small loan companies to support it to the banking industry. "Finance should be sunny, and there is a reasonable competition. After many levels of competition, we can achieve the marketization of reasonable financial resources."

He suggested that Shanghai should increase private finance, especially venture capital equity investment. "This can serve as a starting point for Shanghai's financial center."

　　 Completion of global investment layout in the next two years

Referring to the development strategy of Fosun Group, Guo Guangchang expressed the hope that the global investment layout of the group will be completed in the next two years. The next step will be to look for opportunities in the UK and Germany. "From the valuation point of view, it is very good now" and the investment direction is brand and technology.

from Investment mode Looking at it, Guo Guangchang said that the proportion demanded by Fosun is not necessarily controlled, but it can not be too low, but it has a certain influence on equity. "Start with partners such as 20 and 30%."

In this regard, he explained: "because China, after all, overseas enterprises are not familiar with your Chinese enterprises, how much you have these worries, in this way, others are more receptive."

Guo Guangchang believes that it is a good way to go out together, and the combination of production and finance is also necessary. "Like Japanese enterprises, where their businesses are going, the banks will be there. I think we must take this road."

Guo Guangchang hopes that the future Fosun Group can become a global investment group based on Shanghai, with China's power as its core. In investing overseas, we hope to combine with China's development.

He said he plans to improve the overall investment structure this year and next, complete the layout of global investment and enhance the ability to integrate resources globally. This resource includes resources for funds. "We have already worked with the Baode letter and the Carlyle fund. We will also send us dollar funds."

On the industry side, Guo Guangchang said that Fosun Group will increase investment with the opening up of medical, cultural and other industries. At the same time, it will also shift more to the financial and consumer industries.

　 　 GDP slowing down Let the government make bigger decisions.

Guo Guangchang believes that although this year's GDP may still be over 8%, the target will be around 7.5%, reducing the GDP's expectation and allowing the government to have more space to do something, such as reducing energy consumption, reducing pollution and transforming development.

He said that we should make preparations for the economy to run in a relatively low condition for a long time. "In particular, we must make long-term preparations for some industries. For example, the manufacturing industry, such as steel, including cement, and so on, the era of gold may have passed. "

Guo Guangchang also said he hoped to adjust the spread appropriately in recent years to alleviate the economic pressure of the real economy, especially the manufacturing industry.

He said he hopes to give small businesses more preferential policies. "China's private economy has created 170 million jobs, most of which are created by small and medium-sized enterprises."